Tag

prediction-markets

3 articles with this tag

Finance26 Sep 2026

Appeals Court Deals Blow to Kalshi, Granting States Authority Over Sports Prediction Markets

Appeals Court Deals Blow to Kalshi, Granting States Authority Over Sports Prediction Markets

The Sixth U.S. Circuit Court of Appeals ruled that Ohio and Tennessee can regulate Kalshi sports event contracts under state gambling laws, rejecting arguments that federal commodities statutes preempt state oversight. The unanimous decision represents the second appellate setback for prediction market operators in less than a month and deepens an entrenched federal circuit split. With conflicting appellate precedent spanning the Third, Sixth, and Ninth Circuits, the high-stakes jurisdictional clash between state gaming regulators and prediction platforms now appears destined for the U.S. Supreme Court.

By NeuraFeed

Tech22 Jun 2026

Polymarket Under Fire for Allegedly Orchestrating Widespread Deceptive Video Campaign

Polymarket Under Fire for Allegedly Orchestrating Widespread Deceptive Video Campaign

Prediction market platform Polymarket is facing intense scrutiny following a Wall Street Journal investigation revealing it allegedly paid creators to produce and disseminate over 1,100 deceptive videos featuring fake bets and fabricated winnings on social media. These videos, often filmed on "near-perfect copies" of the Polymarket website, showcased non-existent trades and profits, contradicting the platform's core pitch of auditable, on-chain transactions. The campaign reportedly aimed to attract users, including those in the U.S. where the platform's services are restricted.

By NeuraFeed

Finance24 Apr 2026

US Special Forces Soldier Arrested for Allegedly Profiting $400K on Maduro Prediction Market Bet

A U.S. Army Master Sergeant, Gannon Ken Van Dyke, has been arrested and charged for allegedly using classified government information to make over $400,000 on the prediction market platform Polymarket. The charges stem from bets placed on the capture of Venezuelan President Nicolás Maduro, an operation in which Van Dyke was directly involved. Authorities accuse him of insider trading, violating his oath, and attempting to conceal his identity after the successful operation.

By NeuraFeed