Kalshi CEO bullish that prediction markets will beat back growing calls for bans

Kalshi CEO Tarek Mansour blasted New York’s lawsuit against the prediction market company on Monday, arguing the state is trying to stifle innovation rather than enforce the law. “This is the same playbook you see any time a legacy industry gets disrupted,” Mansour said during an appearance on CNBC’s Squawk Box. “First

Santos was ordered to pay $35,000 after the CFTC found he had manipulated Kalshi contracts tied to his State of the Union attendance.

Nassau County Executive Bruce Blakeman claims Kathy Hochul squandered billions for the state by suing prediction market Kalshi.

The Commodity Futures Trading Commission (CFTC) announced Friday that former congressman and current legend George Santos has been fined $35,000 for attempting to place bets on his own attendance of the State of the Union in February. He’s also been banned from the prediction-market platform Kalshi for 3 years. Accordi

The agreement addresses bets Santos placed against his own plans to attend President Donald Trump’s State of the Union address

Federal regulators said the former congressman improperly profited from trades tied to President Donald Trump’s State of the Union address in February.

A federal regulator fined the lawmaker $35,000 over allegations of insider trading by placing bets on Kalshi about whether he would attend the State of the Union address in February.

Disgraced former Congressman George Santos has agreed to pay $35,000 to settle a federal investigation into his suspicious trades on the prediction marketplace Kalshi

George Santos agrees to $35,000 settlement in federal probe over Kalshi trades  AP News

Former Rep. George Santos (R-N.Y.) has agreed to pay $35,000 to settle with the Commodity Futures Trading commission (CFTC) over wagers he placed on the State of the Union earlier this year on Kalshi, the agency announced Friday. Santos placed bets on whether he would attend President Trump’s address in February, while