US Regulator CFTC Takes New York to Court Over Prediction Market Dispute
In its latest move to assert nationwide regulatory control over prediction market firms, the US Commodity Futures Trading Commission has filed a lawsuit against New York. This action follows the state's earlier lawsuit against Coinbase and Gemini, alleging that their prediction market contracts breached state gambling laws, as well as its previous action against Kalshi, demanding that the company…
April 24, 2026, 10:09 p.m.