CFTC Loses Final-Minute Bid to Halt Kalshi Contract

CFTC Loses Final-Minute Bid to Halt Kalshi Contract

by Jeremy

“The election playing contracts pose important public curiosity threat,” the CFTC’s lead lawyer stated throughout Thursday’s listening to. “The Fee famous critical considerations about potential hostile results on election integrity, or the notion of election integrity, at a time the place confidence in election integrity is extremely low. These contracts would give market contributors a $100 million incentive to affect both the market or the election, which might very definitely undermine confidence in election integrity. This can be a very critical public curiosity risk.”

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