DiscoverThe BreakdownJudge Declares Prediction Markets Legal in US
Judge Declares Prediction Markets Legal in US

Judge Declares Prediction Markets Legal in US

Update: 2024-10-04
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Or at least...they're not illegal based on the CFTC's arguments. A Judge has rejected the CFTC's appeal to keep Kalshi from posting a presidential election market. The decision has led to numerous platforms coming online almost immediately. Plus, the SEC's Head of Enforcement heads out.


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Judge Declares Prediction Markets Legal in US

Judge Declares Prediction Markets Legal in US

Nathaniel Whittemore