The Latest Breaking News from CFTC

Prediction market exec says gambling fight could reach Supreme Court by June

A possible circuit split could determine whether federal commodities law overrides state gambling rules.

Fortune · Aug 21

More Than 150 Polymarket Wallets May Have Traded On U.S. Military Secrets, Research Finds

The report also found large traders and bots appeared to copy some suspicious bets before military action.

International Business Times · Aug 20

BTC Price Climbs to $72,000 After Trump Supports Clarity Act Targeting Crypto Deals by Presidents and Congress Members

Bitcoin soared above $72,000 after Trump backed the Digital Asset Market Clarity Act, aimed at preventing insider trading and boosting investor protection. Learn more about this key crypto development.

International Business Times UK · Aug 20

Senators warn wildfire betting could push people to start fires

IN FULL

The Independent UK · Aug 6

Kalshi CEO clashes with disgraced former Congressman George Santos in latest prediction market controversy

Santos was ordered to pay $35,000 after the CFTC found he had manipulated Kalshi contracts tied to his State of the Union attendance.

Fortune · Aug 3

Hogs Falling on Monday

Lean hog futures are posting 87 cent to $1.45 gains at midday. USDA’s national base hog price was not reported on Monday morning due to light volume. The CME Lean Hog Index was down 21 cents on July 30 at $98.23. The weekly CFTC Commitment of Traders report showed managed...

Barchart · Aug 3

New York Wants a $36 Billion Cut From Kalshi, Calling It an 'Illegal Gambling Operation'

Casting Kalshi as an out-of-control gambling platform makes it easier for the state to take money from the company and its users.

Reason · Jul 31

Federal Judge Halts Minnesota's Prediction Market Ban, Signaling Other States' Efforts Might Be Illegal Too

A preliminary injunction will keep Kalshi and Polymarket active in the state after a district judge found federal law preempts the state's ban.

Reason · Jul 28

Hogs Falling Back on Monday

Lean hog futures are down $1.30 to $2 at midday, with nearby August up a tick. USDA’s national base hog price was not reported on Monday morning due to thin volume. The CME Lean Hog Index was another 33 cents higher on July 23 at $97.91. The weekly CFTC Commitment...

Barchart · Jul 27

US Stock Market: Exchange operators brace for earnings amid trading boom, regulatory overhang

US exchange operators begin quarterly earnings season this week. Strong trading activity is expected to offset regulatory concerns and competition. New cryptocurrency derivatives pose a challenge to established market players. Analysts anticipate management discussions on evolving market dynamics and strategies. Mixed financial results are projected due to challenging year-on-year comparisons.

The Economic Times · Jul 22