U.S. Election Betting: CFTC, Kalshi Both Grilled by Judges in Appeals Court
Submitted by Anonymous (not verified) on Fri, 09/20/2024 - 01:20A panel of judges grilled attorneys for the U.S.
A panel of judges grilled attorneys for the U.S.
After the U.S.
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Nearly $1 billion has been bet on the crypto-based prediction market. Plus: are you ready for 20x leveraged election betting?
The regulator pleaded with the court to halt Kalshi's political prediction markets for the duration of the CFTC's appeal.
Prediction market company Kalshi pushed back against the Commodity Futures Trading Commission's move to block its new election contracts, saying th
If it turns out that the judge's ruling preempts the CFTC’s proposed rulemaking, election event contracts may now be completely legal.
The U.S. Commodity Futures Trading Commission appealed its loss against prediction markets platform Kalshi to the D.C.
The agency plans to appeal the case brought by the trading platform, and could still ask the higher court to stop the firm from listing the contrac
Here's how to listen to Thursday's hearing in the closely watched federal court case over political prediction markets, and why it matters.
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