CFTC Sues States on Prediction Markets
CFTC launches legal action against U.S. states over prediction markets, while Kalshi and Polymarket push into crypto derivatives amid insider trading arrest of Green Beret.
SourceHenri Arslanian's latest newsletter drops bombshells: the CFTC slams legal action against U.S. states to regulate prediction markets, a move that could reshape betting on events like elections amid rising crypto derivatives expansion. Meanwhile, authorities nab a Green Beret for insider trading, exposing vulnerabilities in high-stakes finance, and platforms like Kalshi and Polymarket charge ahead into crypto derivatives, potentially tying into Bitcoin volatility and BTC market predictions. Sponsored by Hypernative Labs, this highlights ongoing CFTC legal action prediction markets tensions and insider trading arrest risks in the evolving crypto landscape.
Henri Arslanian
@HenriArslanianCo-Founder, Nine Blocks - Crypto Hedge Fund - ex-PwC Crypto Leader - Author “The Book of Crypto”, Host of Crypto Capsule™ and Future of Money Podcast/Newsletter