Prediction Markets
Stories tagged Prediction Markets.
1789 Capital’s $300M Bet Values Polymarket at $21B, Per Unnamed WSJ Sources
WSJ sources say Trump Jr.-linked 1789 Capital will invest $300M in a $1B Polymarket round, valuing the platform at $21B, near Kalshi's…
Kalshi Issues Its First-Ever Permanent Ban, Targeting George Santos
Two independent outlets confirm Kalshi's first lifetime trading ban hit ex-Rep. George Santos over a State of the Union market.
CFTC’s $172,000 Fine on Ex-White House Aide Gabriel Perez, Kalshi Warns Users
CFTC penalized a former White House staffer for insider bets on Trump speeches; Kalshi issued a user warning. One name, two sources,…
CFTC Orders Ex-White House Aide to Pay $172,000 for Kalshi Trump-Speech Bets
Gabriel Perez, a former White House teleprompter operator, settled with the CFTC over Kalshi trades placed ahead of Trump's public remarks.
Kalshi Sports Contracts Ruled Against by Appeals Court, One Circuit Named in Single Source
An appeals court sided with Nevada over Kalshi, Crypto.com and Robinhood on sports event contracts. Circuit name and details trace to one…
CME’s Duffy vs CFTC’s Selig: ‘Fake News’ Fight Erupts Over Kalshi Oversight
CME Group's Terry Duffy accused the CFTC of letting Kalshi's prediction markets go unchecked; Chairman Selig called it "fake news."
Kalshi Files With CFTC to List Perpetual Futures on Stocks, Copper
Kalshi asks CFTC to list perpetual futures tied to the MerQube US Large Cap Index and copper, importing crypto's leverage model into…
South Korea Blocks Polymarket, Becomes Fourth Country After France, Germany, Australia
KCSC ruled Aug. 18 that Polymarket's fee-based, order-book model is illegal gambling, rejecting its noncustodial defense.
Trump to Meet Crypto, Prediction Market CEOs as SEC Freezes Fundraising Vote, BTC at $63.5K
Trump plans a White House sit-down with crypto and prediction-market CEOs after the SEC shelved its fundraising exemptions vote and the CLARITY…
CFTC Tells Kalshi to Defy Washington State Court’s Ban on Event Contracts
Washington court orders Kalshi to halt most prediction markets; CFTC fires back with emergency filing invoking federal preemption.