Tag: kalshi

A US federal judge has given Kalshi a temporary break from enforcement after Connecticut ordered the company to halt activity. 

The prediction market sector is growing rapidly, with Kalshi and Polymarket setting new records for trading volumes in November

Kalshi, a MIT-founded prediction market startup, has recently raised over $300 million in a new Series D funding round

According to recent reports, Polymarket and Kalshi are both considering raising fresh capital at valuations of $9 billion and $5 billion

Dina Titus has called on the CFTC to investigate Brian Quintenz,over possible ethical violations due to his role at Kalshi.

CFTC has asked a federal court to dismiss its own appeal against Kalshi, signaling a major shift in regulatory tone in the U.S. 

Kalshi, the prediction market operator, has taken legal action against the Nevada Gaming Control Board and that of New Jersey

The CFTC is challenging a court decision that allowed Kalshi to offer betting contracts on political events.

CFTC noted the susceptibility of prediction markets to manipulation, citing recent incidents as evidence in its ongoing case against Kalshi.

Kalshi is locked in a legal battle that may define its future, hinging on its ability to list U.S. election betting contracts in time.

The United States CFTC has filed an emergency motion to prevent Kalshi from launching election betting contracts.

A United States judge has ruled in favor of Kalshi, allowing it to introduce derivatives contracts for betting on the upcoming U.S. elections.