US CFTC Expands Lawsuit to New York Over Regulatory Authority on Prediction Markets
In its latest move to assert nationwide regulatory control over prediction market firms, the US Commodity Futures Trading Commission filed a lawsuit against New York on Friday. This action comes after New York recently sued major cryptocurrency exchanges Coinbase and Gemini, alleging their prediction market contracts breached state gaming laws, and had previously targeted Kalshi, demanding the ce…
April 24, 2026, 10:09 p.m.