Ice Lounge Media

Ice Lounge Media

Prediction Market Kalshi Sues U.S. CFTC for Denying Its Contracts for Congressional Elections

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Prediction market Kalshi is suing the U.S. Commodity Futures Trading Commission (CFTC) for denying its effort to list derivatives for betting on the outcome of political events – specifically which party will control each chamber of the U.S. Congress after an election.