DOJ, CFTC Sue Arkansas to Block Kalshi Crackdown as Prediction Market Battle Escalates
The U.S. Department of Justice and Commodity Futures Trading Commission (CFTC) have filed a federal lawsuit against Arkansas, seeking to prevent the state from shutting down Kalshi’s prediction markets and imposing potentially hundreds of millions of dollars in penalties. The complaint, filed Thursday in the U.S. District Court for the Eastern District of Arkansas, names […]
Key Takeaways
- Department of Justice and Commodity Futures Trading Commission (CFTC) have filed a federal lawsuit against Arkansas, seeking to prevent the state from shutting down Kalshi’s prediction markets and imposing potentially hundreds of millions of dollars in penalties.
- The complaint, filed Thursday in the U.S.
- District Court for the Eastern District of Arkansas, names […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation
US courts target $1.2B in stolen Binance funds, yet victims face a new hurdle
DOJ's Nov. 12 release reports seizure or restraint authority within more than $2.7 billion frozen, without a return timetable. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Grayscale Sees New Crypto Opportunities as Bitcoin’s Grip Weakens
Grayscale said crypto’s expansion is creating investment opportunities beyond bitcoin as sectors differ in business models, adoption, and token economics. The firm’s latest analysis linked declining correlations with a stronger role for individual asset…
Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.