Kalshi Suspends ‘Mention Markets’ as CFTC Reportedly Investigates Prediction Market Betting on Trump, Sports Commentators
CFTC probes prediction market “mention markets” as Kalshi halts bets on words used by Trump, athletes and other public figures.
A company called Kalshi stopped letting people bet on whether famous people would say certain words, because the government is investigating if this kind of betting is allowed. This shows that regulators are watching new types of markets carefully to make sure they follow the rules.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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