Kalshi warned of possible charges as feds turn up heat on prediction markets: report

Source: New York Post

Prediction market giant Kalshi could face federal charges over its handling of regulatory notifications for new betting contracts, according to a report. The Commodity Futures Trading Commission is probing whether Kalshi properly notified the agency about dozens of products still in development, Politico reported Tuesday, citing a person with direct knowledge of the matter. Kalshi acknowledged the regulatory scrutiny but downplayed the alleged violations.