Cointelegraph·
Kalshi sued Minnesota while the CFTC filed against Rhode Island as legal wrangling with state-level authorities seems likely headed to the US Supreme Court.
Read full articleGemini's AI integration could reshape prediction markets by enhancing user engagement and liquidity, but it also poses risks of over-reliance. The post Gemini launches AI-powered Command Center for predictions platform appeared first on Crypto Briefing.
Kalshi has sued Minnesota to block the state’s prediction market ban set to take effect on August 1. Kalshi has filed a federal lawsuit against Minnesota to block the state’s new prediction market ban. The law would make running an…
Josh Stevens, VP of Engineering at Polymarket, denied reports indicating that the prediction market platform would shift to a model requiring full customer ID for its operations. Kalshi’s Head of Enforcement, Robert J. DeNault, called Polymarket to enhance its compliance policies, as insiders were “using the platform left and right.” Kalshi Criticizes Polymarket’s Compliance Policies: […]
Kalshi has ramped up its battle over prediction markets by filing a lawsuit against the state of Minnesota. The lawsuit challenges a recently passed law that would restrict most prediction market activity and impose criminal penalties on certain event-based contracts. Kalshi And Minnesota Clash At the core of Kalshi’s lawsuit is its jurisdiction argument. The […]
Prediction market giant Kalshi has asked a federal judge to prevent Minnesota from allowing the ban to go into effect in August.
The case highlights vulnerabilities in prediction markets, prompting increased scrutiny and potential regulatory changes to prevent insider trading. The post Polymarket faces insider trading scrutiny as Google engineer charged with fraud appeared first on Crypto Briefing.
This case underscores the legal risks of exploiting corporate data in prediction markets, potentially tightening regulatory scrutiny on such platforms. The post Google engineer charged with insider trading on Polymarket after $1.2M in alleged profits appeared first on Crypto Briefing.
Institutional interest in prediction markets raises questions around liquidity, market depth, event risk and the line between trading and betting.
