Kalshi Issues First Lifetime Ban to Former Congressman George Santos
George Santos did not attend the event, ultimately betting money on that outcome. In addition to banning him, Kalshi fined Santos more than $70,000 in…
#Commodity Futures Trading Commission
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Kalshi Imposes First Lifetime Ban on George Santos for Market Manipulation
Kalshi, the regulated U.S. prediction-market exchange, has issued its first permanent trading ban, barring former Representative George Santos and fining him more than $70,000 for…
Former White House Teleprompter Operator Fined for Prediction Market Insider Trading
A former White House teleprompter operator has agreed to pay $172,000 to settle allegations that he used advance knowledge of presidential speeches to trade prediction-market…
Connecticut Sues Kalshi Over Sports Prediction Contracts
Connecticut has filed a lawsuit against prediction market operator Kalshi, escalating a nationwide legal battle over whether such platforms can offer sports-related contracts without state gambling licenses. The action, filed Thursday by Attorney General William Tong, alleges that Kalshi’s sports contracts function as traditional sports wagers and violate state consumer protection laws. State Alleges Unlicensed ...
HPC Presses CFTC to Prioritize Perpetual Contracts in Continued Policy Push
Hyperliquid Policy Center Urges CFTC to Prioritize Perpetual Contracts in Innovation Agenda The Hyperliquid Policy Center (HPC) formally petitioned the Commodity Futures Trading Commission (CFTC) on Thursday, August 27, 2026, urging the regulator to place perpetual contracts at the center of its innovation roadmap. The filing arrives as U.S. traders remain largely excluded from a ...