Key Takeaways A trader asked Kalshi to delay settlement while suspected manipulation was investigated. Kalshi settled the $3.32M market minutes after its enforcement chief responded. Open interest in the winning bracket rose from $2K to […]
Key Takeaways HB 2711 would bar gambling companies from serving as prediction-market makers. The bill sets a 21+ age limit and hands enforcement to the Attorney General. A companion bill would license platforms and tax […]
Key Takeaways OG seeks a permanent federal injunction against Washington gambling enforcement. The exchange says Washington’s July 20 Kalshi injunction creates an imminent threat. OG invokes the CFTC’s July 14 order protecting completed Michigan event […]
Key Takeaways BitMEX and its founders face a NY lawsuit accusing the exchange of manipulating trades to steal collateral. Plaintiffs claim BitMEX used server freezes and secret insider accounts to intentionally force liquidations. The lawsuit […]
Key Takeaways Wisconsin says election trades may disqualify voters from that same election. Intentionally voting while disqualified can constitute a Class I felony. Kalshi called the warning voter suppression and threatened legal action. Kalshi calls […]
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 […]
Key Takeaways Washington judge finds state gambling laws are not federally preempted. Kalshi must preserve records while broader injunction terms are finalized. Parties must propose restrictions by Aug. 3 ahead of an Aug. 5 order. […]
Key Takeaways Judge Martinez froze Libra wallets after police traced the funds, exposing the networks used to hide them. Wallets moved millions through crypto exchanges, allowing authorities to use KYC rules to identify users. A […]
Key Takeaways Bill would require facial age checks at login or before betting or trading. Nine House lawmakers back rules covering sportsbooks and prediction markets. NIST found age-estimation accuracy varies across algorithms and demographics. Proposal […]
Key Takeaways The CFTC ordered Kalshi to fulfill Michigan users’ open trades normally. Kalshi had proposed force-liquidating positions after a state court order. Michigan’s original geofencing order carried a $120,000 daily penalty. Federal order protects […]
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