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Some states want to regulate prediction markets. Should the feds let them?
The Commodity Futures Trading Commission has sued nine states to block them from regulating prediction markets such as Kalshi and Polymarket.
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theblock.co
Kentucky becomes latest state sued by CFTC over prediction markets
Kentucky has become the latest battleground in the fight over prediction markets as the CFTC asserts jurisdiction.
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cnbc.com
CFTC sues Kentucky over actions against prediction markets, making it first red state to face federal scrutiny
The commission has now sued nine states in total in its battle to defend what it sees as its exclusive right to regulate event contracts.
