The inquiry by the Commodity Futures Trading Commission centers on bets the former congressman made on Kalshi in the weeks before he was pardoned in January 2025.
Category: Kalshi Inc
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Federal Watchdog Investigates Adam Kinzinger for Kalshi Bets on His Pardon
The New York Times – Business: -
Native American Tribe Teams Up With Kalshi on New Prediction Market
The New York Times – Business:The Tunica-Biloxi of Louisiana plan to release a platform that uses infrastructure by Kalshi, the industry leader. Other tribes have taken aim at the company.
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How Minnesota Became the Front Line in the Fight Over Prediction Markets
The New York Times – Business:The state was the first to pass a law banning Kalshi and Polymarket. A lawsuit filed by a federal agency may set a precedent on who gets to regulate them.
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Teleprompter Operator Who Bet on Trump Speeches Is Ordered to Pay Fine
The New York Times – Business:Gabriel Perez had access to the president’s speeches before they were delivered and was accused of placing unlawful wagers on words that would be spoken.
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Prediction Markets Should Be Regulated as Gambling, Appeals Court Says
The New York Times – Business:The outcome contradicted an earlier appeals court decision. Federal regulators said the split rulings called for resolution by the Supreme Court.
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Prediction Markets and States Clashed, Setting Off a Furious Political Battle
The New York Times – Business:A legal dispute over the future of Kalshi, Polymarket and others has drawn in the Trump administration, the president’s son and nearly every state attorney general.
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Kalshi Ordered to Cease Most Operations in Washington State
The New York Times – Business:In a preliminary injunction, a state judge barred the prediction market from allowing residents to place bets on the bulk of its offerings.
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Prediction Firms Are Flagging Insider Traders. Many Will Not Face Charges.
The New York Times – Business:The agency that polices the industry does not have the staffing, the legal tools or the will to broadly crack down on wagers that are easily manipulated, experts say.
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Kalshi’s Tarek Mansour Isn’t Interested in Management Advice
The New York Times – Business:Tarek Mansour co-founded the fast-growing prediction market company shortly after graduating from M.I.T., aiming to provide a “mathematical, objective” view of the world.
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Kalshi to Become a World Cup Partner as It Pursues More Growth
The New York Times – Business:The prediction market is betting that the association with the soccer tournament will help bolster betting volumes as it works toward an I.P.O.