America September 26, 2026
Sixth Circuit Guts Kalshi’s Federal Shield, Rules Sports Bets Are Just Bets
THE SWAP DEFENSE FALLS APART The Sixth Circuit says Kalshi’s sports contracts are ordinary bets, not federally protected swaps. Ohio…
America September 26, 2026
Ponzi Scheme Promised 15% Weekly Returns, Delivered $406 Million in Losses Instead, CFTC Says
The Fraud, By the Numbers Federal regulators say four men ran a forex trading scam that pulled in nearly $1…
America September 26, 2026
New York Sues Polymarket Claiming Prediction Markets Are Just Illegal Bets – What the Fight Really Means
What This Fight Is Really About New York says Polymarket runs unlicensed gambling that lets 18-year-olds stake money on sports.…
America September 24, 2026
New York Sues Polymarket Over Alleged Illegal Gambling
What’s Riding on the Bet New York says Polymarket’s sports event contracts are unlicensed wagers dressed up as financial products.…
America September 16, 2026
CLARITY Act Stalls In Senate As Crypto Ethics Fight Deepens
Key Takeaways Senate Democrats opposed advancing the CLARITY Act after arguing its ethics protections are too narrow. Republicans added restrictions…
America September 2, 2026
New Jersey Takes Kalshi Sports Betting Battle To Supreme Court As Federal Appeals Courts Split
The Legal Stakes New Jersey wants the Supreme Court to preserve state authority over sports betting. Kalshi argues its event…
Business July 17, 2026
Trump Aide’s Kalshi Bets Expose Insider Problem
The Kalshi insider trading allegations against a White House teleprompter operator expose a basic flaw in political prediction markets. A…
Business June 26, 2026
Zuckerberg Reportedly Orders Meta to Build “Arena” Prediction App as Real-Money Betting Remains on the Table
The Meta Arena prediction app could become Mark Zuckerberg’s next major push into online engagement, according to a New York…
America February 3, 2026
Broker-Dealer Fined $750K Over Text Message Supervision Failures
A St. Louis-based brokerage firm has agreed to pay a steep penalty after regulators said it failed to police the…
America November 27, 2025
Robinhood to Acquire MIAXdx in Bid to Supercharge Prediction Markets
In a move reminiscent of a tech giant snatching up a fallen empire’s crown jewel, Robinhood Markets said Tuesday it…
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