The case underscores the need for stringent oversight in derivatives markets, highlighting vulnerabilities in OTC pricing and fund management.
CryptoBriefing•Editorial Team1 Sept
The CFTC has issued regulatory enforcement guidance for event contract derivatives, sharpening the lines around prediction markets at a time when event-based...
NewsBTC•NewsBTC Editorial Team1 Sept
Kalshi issued its first permanent ban on Monday, barring former U.S. Rep. George Santos and fining him $71,356 over trades on his own State of the Union attendance. The exchange cited his failure to cooperate with its investigation – a finding its own notice never substantiates, and one the CFTC contradicted in July. Disagreements and […]
Bitcoin.com News•Luci Kelemen1 Sept
Hyperliquid Labs and Kraken parent Payward have entered advanced talks to offer selected Hyperliquid-linked perpetual futures to U.S. traders through CFTC-regulated exchange Bitnomial. Hyperliquid could reach U.S. traders through Bitnomial Bloomberg reported on Aug. 31 that Hyperliquid Labs and Payward…
The reported plan would route U.S. traders through CFTC-regulated Bitnomial, while neither Payward nor Hyperliquid has confirmed a deal.
The Defiant•The Defiant Team31 Aug
Payward has reportedly presented the CFTC with an outline of the proposed structure, though regulatory approval is still pending.
The Block•Kyle Baird and Sarah Wynn31 Aug
A lighter regulatory approach could boost US competitiveness in the crypto market, reducing offshore dominance and fostering innovation domestically.
CryptoBriefing•Editorial Team31 Aug
With the Clarity Act stuck in recess limbo, the agencies are pressing ahead on crypto derivatives and custody, as former officials warn that overly burdensome rules will keep a $90 trillion perps market offshore.
Former FTX executives Caroline Ellison and Gary Wang have finalized CFTC consent orders that impose permanent trading and registration bans, adding another...
NewsBTC•NewsBTC Editorial Team31 Aug
The CFTC has fined former White House staffer Gabriel Perez $172,000 over alleged insider trading in event contracts, marking another regulatory action at...
NewsBTC•NewsBTC Editorial Team31 AugThe CFTC has filed an amicus brief in a federal criminal case involving alleged insider trading on Polymarket event contracts, putting prediction markets b...
NewsBTC•NewsBTC Editorial Team31 Aug
A former federal employee is settling CFTC charges after misappropriating advance knowledge of presidential speeches to trade event contracts on a prediction market platform and generate over $107,500 in profits.
The Daily Hodl•Daily Hodl Staff31 Aug
A former White House teleprompter operator has agreed to pay $172,539 after U.S. regulators found he used advance access to President Donald Trump’s speeches to make more than $107,500 trading prediction market contracts. The Commodity Futures Trading Commission said on…
The Aug. 25 CFTC snapshot shows 115.7 million XRP-equivalent net short against rising dealer and asset-manager net longs.
CryptoSlate•Oluwapelumi Adejumo31 Aug
Gabriel Perez used his access to Trump's speeches before delivery to bet on "presidential mention market" contracts, profiting more than $107,500 before the CFTC caught up with him.
A settled CFTC order adds a $65,000 penalty and three-year ban while crediting KalshiEX’s assistance.
CryptoSlate•Liam 'Akiba' Wright30 Aug
A Ninth Circuit ruling against Kalshi raises legal risks for CFTC prediction-market rules but does not invalidate the agency’s proposal.
Kalshi and the CFTC punished a White House staffer over Trump speech bets. Cooperating cut his fine sharply.
BeInCrypto•Lockridge Okoth29 Aug
According to the U.S. Commodity Futures Trading Commission (CFTC), former White House teleprompter operator Gabriel Perez has been ordered to pay a fine of $172,539.02 after he got caught using Kalshi to bet on Trump’s “mention market” events. CFTC Details How Perez Used Early Access to Trump’s Speeches Bitcoin.com News reported on the accusations against […]
Bitcoin.com News•Jamie Redman29 Aug
Ripple CTO emeritus David Schwartz challenges 'Major Questions' take in Kalshi case.
U.Today•Tomiwabold Olajide29 Aug