Kalshi referred 32 possible insider traders to the CFTC in the three months through June; sources: CFTC has up to 20 ongoing probes using just Kalshi's evidence (Sharon LaFraniere/New York Times)
The agency that polices the industry does not have the staffing, the legal tools or the will to broadly crack down on wagers that are easily manipulated, experts say.
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- Flight tracking platform FlightAware sues Kalshi in New York, alleging Kalshi is using its data without permission to let users bet on flight cancellations (Jack Morphet/Wall Street Journal) wsj.com
- Kalshi referred 32 possible insider traders to the CFTC in the three months through June; sources: CFTC has up to 20 ongoing probes using just Kalshi's evidence (Sharon LaFraniere/New York Times) nytimes.com
