The US CFTC has sued Kentucky to block the state's action against prediction markets, arguing federal jurisdiction. Kentucky had accused Polymarket and Kalshi of operating illegal gambling platforms.
O ex-deputado George Santos está sob investigação por suposto uso de informação privilegiada em um mercado de previsões online, a Kalshi. A plataforma o reportou ao Departamento de Justiça e à CFTC após detectar negociações suspeitas antes do discurso de Trump em 24 de fevereiro.
Donald Trump calls for federal control over prediction markets via the CFTC, opposing state-led restrictions, despite his family's ties to the industry and ethical concerns over insider trading and gambling-like activities.
A NYT report alleges CFTC officials faced repercussions for questioning crypto firms like Polymarket and Crypto.com. This comes as the CLARITY Act may expand the CFTC's crypto oversight role, testing its independence.
The CFTC is investigating three financial firms for potential insider trading after they made well-timed oil futures trades before President Trump's announcements related to the Iran conflict, netting over $15 million combined.
The CFTC is intensifying its crackdown on insider trading and market manipulation on offshore prediction markets, using AI and blockchain tracing tools to identify and prosecute US-based traders using VPNs to access platforms like Polymarket. Agency chairman Michael Selig vowed to pursue wrongdoers, even those using extraterritorial jurisdiction.
The US Commodity Futures Trading Commission is currently headed by Chair Michael Selig, with no public statement from Donald Trump about fully staffing the five-member panel of commissioners.
The Commodity Futures Trading Commission has urged the Sixth Circuit Court of Appeals to rule that the agency has jurisdiction over prediction markets.
The CFTC filed a lawsuit against Wisconsin on Tuesday—the agency's fifth such action against a US state—asserting exclusive federal jurisdiction over prediction markets. The suit responds to Wisconsin's lawsuits against five CFTC-regulated platforms (Kalshi, Polymarket, Crypto.com, Robinhood, and Coinbase), with Chairman Michael Selig warning that states cannot circumvent Congressional authority on financial market regulation.
The CFTC has secured a temporary restraining order against Arizona, halting the state's criminal case against prediction market Kalshi. The federal regulator argues that Arizona is attempting to bypass federal law through state-level legal action.
