New York state officials target the prediction market platform Kalshi in a lawsuit over claims of unlicensed betting on sports, elections and other outcomes. The action seeks to halt the company’s activities in the state […]
Kalshi, which targeted a $40 billion valuation during a June funding round, and the prediction markets sector are facing legal challenges across the U.S. In Minnesota, Kalshi and rival Polymarket scored a temporary win when […]
New York sued Kalshi over claims that it operates an illegal gambling platform without a state license. Attorney General Letitia James wants the court to block Kalshi from offering event contracts in New York. The […]
New York has filed a lawsuit against Kalshi, accusing it of operating illegal gambling products without a state license. New York Governor Kathy Hochul and Attorney General Leticia James have filed a lawsuit against […]
Key Takeaways The Fed held rates at 3.50% to 3.75% on July 29 in a 9-3 vote with three dissents. CME Fedwatch odds for a September 16 hike rose to 61.4%, up from 50.6% a […]
Key Takeaways Kalshi sent Netflix a cease and desist letter on July 24, 2026, over a disputed trade slip. Nevada requires Kalshi to finish geofencing by August 12, 2026, or pay $120,000 daily. Netflix had […]
Key Takeaways Polymarket traders split nearly evenly on ethereum hitting $1,000 or $3,000 first by December 31, 2026. Blackrock and Fidelity ETFs pulled in $73 million in daily inflows as ethereum steadied near $1,860. Bitmine […]
LegalBison is a global boutique legal and business services firm and licensed Corporate Service Provider (CSP) specializing in regulatory structures for FinTech and digital asset projects. Co-Founders and Managing Directors Aaron Glauberman, Viktor Juskin, and […]
Prediction market platform Kalshi rolled out its U.S. “Midterms Hub” as it seeks to position itself as the primary reference for election odds in the U.S The new hub will allow users to observe the […]
Key Takeaways Polymarket prices Democrats at 86% odds to win House control, with $9 million traded on the market. Kalshi’s KY-04 GOP primary, Gallrein versus Massie, leads all midterm markets at $22 million. Nevada’s abortion […]
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