The federal government is suing Connecticut, Arizona and Illinois, challenging their efforts to regulate prediction market operators such as Kalshi and Polymarket.
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“You’re getting in the way of our war profiteering! See you in court!”
I hope we get out of this and everyone involved in this corruption is ruined. All the people running these betting sites should be condemned to community service for the rest of their lives.
Should make for some entertaining court sessions. How conflicted are the CFTC reps with prediction markets?