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The Federal Government Once Tried To Restrict Prediction Markets. Now It's Suing States To Save Them.

In a bid to “reaffirm its exclusive jurisdiction” over prediction markets such as Kalshi, the Commodity Futures Trading Commission is suing six states for interfering in federally regulated financial markets.

First seen · 5:15 PM UTCMay 2, 2026

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The Federal Government Once Tried To Restrict Prediction Markets. Now It's Suing States To Save Them.In a bid to “reaffirm its exclusive jurisdiction” over prediction markets such as Kalshi, the Commodity Futures Trading Commission is suing six states for interfering in federally regulated financial markets.
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