The CFTC has challenged a recent court decision allowing Kalshi to offer U.S. election betting contracts. The commission cites potential market manipulation and risks to election trust, while Kalshi defends the transparency and oversight of its regulated prediction markets. The case is under review by the U.S. Court of Appeals.
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CFTC Appeals Decision Favoring Kalshi On Election Betting Contracts
September 20, 2024
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1 min read
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