CFTC sues Kentucky after state’s prediction market lawsuits

Polymarket's fabricated betting wins highlight the urgent need for stricter regulations and transparency in crypto prediction markets. The post Polymarket faces scrutiny as viral betting wins may be fabricated appeared first on Crypto Briefing.

Federal regulation of prediction markets could streamline compliance, attract institutional investment, and shift control from states to the CFTC. The post Polls show US voters favor federal rules for prediction markets over state regulations appeared first on Crypto Briefing.

The CFTC filed suit against Kentucky on Monday after the state sued prediction-market operators Kalshi and Polymarket for operating without gaming licenses, making Kentucky the ninth state to face federal litigation over who controls event-contract regulation.

Kalshi has expanded its CFTC-regulated crypto perpetuals lineup to 13 digital assets after launching new contracts tied to Zcash, Near Protocol, and Shiba Inu, while legal battles over the platform’s products continue to intensify. According to Kalshi’s latest listings, the…

The CFTC sued Kentucky on June 23, 2026, challenging its 14.25% excise tax and state lawsuits targeting Kalshi, Polymarket, and Robinhood as unlicensed gambling operators. The post Kentucky’s Prediction Market Crackdown Faces Federal Lawsuit and Preemption Fight appeared first on 99Bitcoins.

The legal battle over prediction markets could redefine federal vs. state regulatory powers, impacting the future of financial innovation. The post Kalshi sues Illinois over new prediction markets regulatory law appeared first on Crypto Briefing.

Kalshi is suing Illinois over its new prediction market licensing law, arguing federal CFTC jurisdiction preempts the state's licensing law.

CFTC Kentucky Lawsuit Extends Federal-State Fight Over Prediction Markets TL;DR The CFTC is reportedly challenging Kentucky’s approach to prediction-