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regulation

CFTC sues Utah to block action against prediction markets

CoinTelegraphOctober 27, 2026 · 7:34 PM2 min read
CFTC sues Utah to block action against prediction markets

The US state filed a lawsuit against Kalshi last week, seeking to recover up to $60 million in profits related to event contracts on prediction markets.

Originally published on CoinTelegraph

The US state filed a lawsuit against Kalshi last week, seeking to recover up to $60 million in profits related to event contracts on prediction markets.

Read the full article on CoinTelegraph →

#cointelegraph
#regulation

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