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15 stories from Planck Standard. Latest: September 2, 2026.
WatchThe prediction market says the former congressman told his followers he was going to the State of the Union, then bet against himself. It is the first lifetime ban the company has ever issued.
Gabriel Perez had the speeches before the president delivered them. Kalshi's own surveillance system caught the pattern, froze more than $90,000 in his account, and referred him to federal regulators.
The ruling directly contradicts a 3rd Circuit decision from April. About 20 states are already in court over prediction markets, and both sides now expect the Supreme Court.
Regulators say Gabriel Perez allegedly used advance access to Trump's prepared remarks to win nearly $100,000 on Kalshi 'mention markets,' and is now in settlement talks with the CFTC.
WatchThe disgraced former New York congressman, freed early after President Trump commuted his fraud sentence, is under Justice Department and CFTC scrutiny over tens of thousands of dollars in suspicious Kalshi bets, three people familiar with the trades say.
President commits to establishing CFTC authority over prediction markets while vowing to safeguard cryptocurrency sector from regulatory overreach.
The Commodity Futures Trading Commission purged its ranks and dialed back enforcement after Trump family invested heavily in the industries it regulates.
Justice Department and CFTC examine $2.6 billion in highly profitable futures trades placed just ahead of policy announcements.
Rep. Ritchie Torres sent a letter to federal regulators Thursday demanding an investigation into suspiciously timed prediction market trades tied to the Iran war, as a Harvard study estimates $143 million in likely insider profits since the conflict began.
A 20-count complaint alleging illegal gambling marks a major escalation in states' battle against the prediction market industry
Joint guidance with CFTC defines four token categories, declares 'most crypto assets are not securities'
State AG accuses platform of illegal gambling and election wagering, deepening a federal-state jurisdictional clash
Prediction market exchange faces its most serious legal threat yet as state escalates beyond civil action
The crypto wallet provider can now connect its users to regulated futures and event contract markets without registering as a broker
The BETS OFF Act targets government officials suspected of wagering on military actions they had advance knowledge of