U.S. Election Betting: CFTC, Kalshi Both Grilled by Judges in Appeals Court
Submitted by Anonymous (not verified) on Fri, 09/20/2024 - 01:20
A panel of judges grilled attorneys for the U.S. Commodity Futures Trading Commission and prediction-betting platform Kalshi over the company's efforts to launch political prediction markets in the U.S., without indicating whether they'd allow Kalshi to offer these products while reviewing a lower court's ruling on the products.