Key Takeaways Malta, Spain, Italy, and Portugal oppose the modeled EU levy, four diplomats told Politico. Spain faces $478M (€414M) yearly, almost a quarter of the modeled $2.19B (€1.9B) total. Malta’s $190M (€165M) share exceeds […]
Key Takeaways Judge Shelby granted Utah summary judgment and denied Kalshi’s preliminary injunction. Online gambling in Utah is a third-degree felony under the state’s constitutional ban. New York cited the ruling as supplemental authority within […]
Key Takeaways A man was charged by Dutch prosecutors over a May 1 crypto dispute involving extortion of $69,000. Risky crypto schemes spur offline extortion threats, carrying up to 15 years under Dutch law. Suspect […]
Key Takeaways Nine Democratic senators asked the CFTC to prohibit wildfire event contracts by Aug. 14. Lawmakers cited $1.2M in trading tied to California’s 2025 Palisades and Eaton fires. Polymarket says the markets inform rather […]
Key Takeaways Santos must pay $35,069.98 and cannot trade on registered markets for three years. He opened the account Feb. 11 and traded only the market on his own attendance. The DOJ has denied investigating […]
Key Takeaways New York is suing prediction market Kalshi for operating as an unlicensed gambling platform. Kalshi CEO Tarek Mansour claims the lawsuit is driven by traditional gambling firms fearing disruption. The CFTC argues it […]
Key Takeaways Patrick Yaroch, a former FBI supervisory agent, was arrested July 31 on federal theft charges. Yaroch allegedly moved about $1 million from adversarial crypto wallets into personal accounts. The FBI has recovered roughly […]
Key Takeaways Victims are planning class-action lawsuits against Coinkite after losing $88 million to the Coldcard wallet bug. Legal experts are sharply divided on Coinkite’s liability, complicating victims’ prospects for recovering funds. These potential product […]
Key Takeaways Türkiye blocked 47,493 betting sites and detained 5,629 suspects in 2026. One Istanbul probe tied $4B in transfers to crypto wallets and match-fixing. Prosecutors froze 6,314 bank accounts as the World Cup final […]
Key Takeaways Minnesota cannot enforce SF 3432 against CFTC-registered markets while the cases proceed. Menendez found Senate, World Cup and Hormuz contracts likely qualify as federal swaps. Love Island and announcer-word markets may fall outside […]
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