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SEC signals prediction-market enforcement over fraud and insider trading
David Woodcock said securities-linked contracts on earnings and company metrics could draw particular scrutiny.
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Kalshi completes $1 billion raise at $40 billion valuation
The prediction-market operator plans to add single-stock perpetuals, leveraged event contracts and compute-price markets.
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Polymarket resumes international trading after third-party breach
The company promised full reimbursement after unauthorized withdrawals, while its separate U.S. exchange remained online.
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Curtis and Warren seek election-market safeguards from Kalshi and Polymarket
The bipartisan senators sought details on insider trading, manipulation and consumer protections before the Nov. 3 midterms.
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Better Markets urges Tenth Circuit to uphold Utah’s Kalshi gambling ruling
The advocacy group says sports-event contracts are gambling, while a Third Circuit ruling has backed Kalshi’s federal-preemption argument in New Jersey.
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Saquon Barkley says NFL rules forced sale of Polymarket stake
The Eagles running back said players were told they could no longer invest in or promote prediction-market operators.
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Polymarket US sues Louisiana over event-contract enforcement
QCX says federal commodities law overrides the state’s gambling regime, whose penalties can reach $100,000 per wager.
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Utah brings criminal gambling case against Kalshi and its founders
The state alleges an undercover investigator placed 12 sports wagers from Utah, opening a new front in the fight over prediction-market regulation.
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Anthropic IPO bets draw tens of millions to prediction markets
Polymarket contracts on timing and valuation alone traded about $9 million after the AI company’s filing.
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Polymarket agrees to halt Michigan sports event contracts
Court-approved deal requires Polymarket US to close remaining Michigan customer positions by Nov. 25 while its Sixth Circuit appeal continues.
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Kalshi caps monthly deposits at $2,500 for traders under 21
Special accounts, trading warnings and parent-facing guides expand protections for the exchange’s youngest adult users.
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Cornell seminar to examine how accurately prediction markets forecast
Kalshi researcher Rubens Baiocchi will discuss calibration, expert comparisons and the favorite-longshot bias on Oct. 29.