States cite Ninth Circuit rulings, George Santos banned from Kalshi: today in prediction market news LIVE
Today in prediction market news, we’re following a fresh wave of legal and regulatory developments, including Kalshi urging the Tenth Circuit to block Utah enforcement while its federal appeal plays out, and Ohio and Rhode Island pointing to recent Ninth Circuit rulings as they defend state authority over prediction markets.
We’re also tracking Kalshi’s permanent ban of former Republican New York Congressman George Santos following an investigation into his trading activity, along with the platform’s call for clearer CFTC guardrails as event contract markets grow.
We’ll also be following the latest on enforcement actions involving political trading, Kalshi’s allegations against North Carolina congressional candidate Laurie Buckhout, and developments across prediction markets, regulation, politics, crypto and sports event trading throughout the day.
The post States cite Ninth Circuit rulings, George Santos banned from Kalshi: today in prediction market news LIVE appeared first on ReadWrite.
Suswati Basu
Managing Editor
Suswati Basu is a multilingual, award-winning editor and the founder of the intersectional literature channel, How To Be Books. She was shortlisted for the Guardian Mary Stott Prize and longlisted for the Guardian International Development Journalism Award. With 18 years of experience in the media industry, Suswati has held significant roles such as head of audience and deputy editor for NationalWorld news, digital editor for Channel 4 News and ITV News. She has also contributed to the Guardian and received training at the BBC. As an audience, trends, and SEO specialist, she has participated in panel events alongside Google. Her…
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