A Sixth Circuit Court of Appeals panel ruled that prediction markets’ sports-related events contracts are not swaps, and therefore aren’t subject to …
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Court
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Ripple has signed a multi-year partnership with Louisville Athletics that will place the XRP logo on Denny Crum Court during men’s and …
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In brief Sam Bankman-Fried asked the Supreme Court on Thursday to overturn the fraud conviction that put him in prison for 25 …
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With 38 active cases across 21 states, conflicting federal rulings over Kalshi have raised the risk that U.S. prediction-market access will fragment …
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Regulation
Supreme Court Weighs Prediction Markets Regulation as States Clash With Kalshi
by shayaanby shayaanNew Jersey has thrown down a legal gauntlet that could reshape how the entire country treats online betting on sports outcomes. The …
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Regulation
Federal Courts Now Disagree on Kalshi’s Sports Contracts. New Jersey Wants the Supreme Court to Settle the Fight
by shayaanby shayaanIt is the first time either side of the dispute has asked the justices to step in, and the timing is not …
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New Jersey petitioned for a writ of certiorari in Kalshi’s case against it last week, finally throwing the ball to the high …
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Prediction market Kalshi won’t let you bet on whether New Jersey’s case against it will reach the US Supreme Court, or what …
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Markets
New Jersey becomes first state to ask Supreme Court to weigh in on prediction markets
by shayaanby shayaanAfter multiple appeals courts ruled differently about whether states can crack down on prediction markets’ sports products, New Jersey asked SCOTUS to …
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Regulation
Court Orders YouTuber Choi to Repay Full Investment in Golden Goal Coin Civil Case
by shayaanby shayaanA South Korean court has ordered YouTuber Choi Seung-jung to repay a victim’s full 20 million won (approximately $14,800) investment plus interest …
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