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Sports Betting Meets March Madness: Federal CFTC Scrutiny to Impact College Sports
UnknownMar 4, 2026(2 days ago)
Kalshi penalized two traders for betting based on insider information, indicating unauthorized access to privileged data.
Prediction markets (i.e., platforms where people can bet on the outcome of future events) have moved rapidly from the periphery of finance into the regulatory mainstream. This week, that shift became unmistakable when Kalshi – a CFTC‑regulated prediction market exchange – publicly announced bans and financial penalties against two traders for betting based on insider information.... By: BakerHostetler