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Tuesday, October 27, 2026Updated 20:57 UTC

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CFTC sues Utah to block action against prediction markets

Source: Cointelegraph · Oct 27, 2026 19:21 UTC

Brass gavel on a white background — File photo walknboston / Flickr · CC BY 2.0 · Source

The Quick Take

The US state filed a lawsuit against Kalshi last week, seeking to recover up to $60 million in profits related to event contracts on prediction markets.

Read the full story at Cointelegraph

Ground Level News gathers headlines from public news feeds. This page shows a short summary only; the full article and all rights belong to Cointelegraph.