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CFTC sues Kentucky over actions against prediction markets, making it first red state to face federal scrutiny
The CFTC has sued Kentucky over its actions against prediction markets, marking the first time a red state faces federal scrutiny in this issue. The commission has now filed lawsuits against nine states to assert its exclusive authority to regulate event contracts.
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Adjacent reporting
- CFTC sues Rhode Island over actions against prediction markets
- CFTC sues Wisconsin escalating federal-state clash over prediction market oversight
- CFTC sues Wisconsin in agency's legal campaign defending prediction markets authority
- CFTC sues New York over bid to apply gambling laws to prediction markets
- CFTC sues Wisconsin over prediction market regulations
- Kalshi follows CFTC in suing Minnesota over law criminalizing prediction markets