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Nevada sues Kalshi for operating a sports gambling market without a license
Nevada is taking action against the rapidly growing Wild West of prediction markets. The state's gambling regulators and attorney general sued Kalshi on Tuesday. They accuse the company of bypass [...]
New Jersey has no right to ban Kalshi's prediction market, US appeals court rules
Kalshi can't be stopped in New Jersey. A 3rd US Circuit Court of Appeals panel ruled on Monday that New Jersey has no authority to regulate Kalshi's prediction market allowing people to bet [...]
CFTC sues three states for trying to regulate prediction markets
The US Commodity Futures Trading Commission is suing Illinois, Arizona and Connecticut for attempting to outlaw or regulate prediction markets like Kalshi and Polymarket. The CFTC believes it has sole [...]
Kalshi suspended three political candidates from its platform for insider trading
Prediction market Kalshi has taken action against three political candidates, alleging that each was engaged with insider trading of information about their campaigns. The company implemented new rule [...]
Civil society groups urge Meta’s Oversight Board to resign in protest
Meta’s Oversight Board is coming under new pressure to respond to the company’s recent policy changes on fact-checking and moderation, which were made without input from the advisory group. A coal [...]
House GOP subpoenas tech companies over AI 'censorship pressure' from Biden administration
The Republican-led House Judiciary Committee is looking into whether the Biden administration tried to "censor" artificial intelligence. Representative Jim Jordan has sent subpoenas to sixte [...]