Not financial/legal advice. Not affiliated with @kalshi (or anyone). RTs are not endorsements. Opinions are my own. ✊🏻✊🏻🚪
Joined April 2026
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A prediction market saying a life-saving treatment has only a 6% chance of FDA approval doesn’t just move money.
Some clinical trial participants will inevitably question whether staying enrolled is worth it after seeing odds like that.
‘Markets’ shouldn’t undermine the very research they’re supposedly predicting. Sign the petition in link.
change.org/p/ban-prediction-…
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That's what Nevada did. It went after the entire rogues’ gallery. The result? State court preliminary injunctions across the board—quickly. Not one loss. Not a single DCM currently operating in the state. That's how you do it.
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Man who lost $308,000 on sports bets sues Kalshi for offering illegal gambling arstechnica.com/tech-policy/…
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The dispute over who is rightful chief of an Oklahoma Native American tribe that Kalshi is doing business with has spilled into court.
Kalshi & CEO Tarek Mansour are defendants in the lawsuit centered around who leads the Alabama-Quassarte Tribal Town.
frontofficesports.com/articl…
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It's amazing that "prediction markets" claim they don't allow insider trading while people create bets on anything. If someone has a friend at Nvidia C Suite this is childs play. These things should be shut down or limiting to what can be gambled on.
BREAKING: Nvidia CEO Jensen Huang admits to an extramarital relationship with a Chinese spy
75% chance he's out as $NVDA CEO before 2028
Readers added context they thought people might want to know
Huang admitted to an extramarital affair in a memo to Nvidia staff but did not say it was with a Chinese spy. Reports of her suspected spying come from US intelligence; the company board launched a separate investigation.
nvidianews.nvidia.com/news/statement… theverge.com/ai-artificial-… techcrunch.com/2026/11/08/nvi…
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THE BLOCK: Sen. Elizabeth Warren is setting her sights on prediction markets oversight as she prepares to take the helm of the Senate Banking Committee, according to a Warren banking committee aide.
"She is looking to end the current Wild West-style lack of oversight in this area, with corrupt insiders profiting," the aide said.
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Federal courts have ruled repeatedly that states and Tribes regulate gambling within their territory. Sports “prediction markets” are obviously gambling. But the Chairman of the CFTC is encouraging companies to keep offering these bets in violation of court orders.
Let’s be clear about what’s happening: the Trump family is heavily invested in prediction market platforms. This move to undermine Tribal and state sovereignty is intended to create profits for the President’s family. That should outrage all of us.
Derivatives markets must operate on a uniform basis on a national scale in order to achieve the purposes set out in the Commodity Exchange Act. Geographic access restrictions undermine the national uniformity and consistency that the Act is intended to facilitate.
Today's interpretative guidance ensures that exchanges provide competitive, open, fair, and impartial access to their members pursuant to @CFTC regulations.
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'Now is the time': Victorious Democrats vow to rein in prediction markets
Via @declanharty politico.com/news/2026/11/08…
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Judge Shelby previously ruled against Kalshi, entering the only final judgment in nationwide prediction-market litigation. Now he may consider Utah’s motion to dismiss alongside the CFTC’s TRO/PI motion. Will lightning strike twice for Utah? Seems like a strong possibility here.
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Rank incompetence from an un-staffed, de-comissioned regulator? Or intentional 3d chess to abdicate regulation entirely. Either way: there's nobody higher on my "must-go" list than @ChairmanSelig ... Chaos isn't a financial regulatory position. Enormously damaging to markets.
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Now Kalshi is admitting in court that "sports contracts are gambling."
OK, so, can everyone stop telling me Sports contracts aren't gambling now?
(I love that their trying to make this whole case about conditional vs. commutative logical operations: A=B but B!=A.)
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Glass Break: ESPN added prediction markets to its insider betting prohibition in a memo circulated last week
frontofficesports.com/articl…
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It's fascinating how the Trump administration is literally pro-vice. Like waluigi social conservatism.
Significant escalation via the @CFTC, which has ordered prediction markets to stop geofencing states within 30 days, or explain why they can’t.
Puts Kalshi in precarious spot, on a collision course with court orders in Michigan, Nevada & Washington, where its sports contracts are currently banned.
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Prediction markets can’t use federal loopholes to bypass state law.
We’re joining a bipartisan coalition in support of NY and WI’s right to enforce state law against Kalshi.
More young people are being preyed upon by addictive gaming platforms—it’s time states join together to protect our youth.
oag.ca.gov/news/press-releas…
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Sorry sir but wordsmithing isn’t going to cut it. What Kashi offers is sports betting. I have a lot of respect for the sovereignty of the CFTC and the work you’re doing to regulate and reform. I strongly standby. That gambling is gambling and Kashi is nothing more than a glorified gambling platform.
Derivatives markets must operate on a uniform basis on a national scale in order to achieve the purposes set out in the Commodity Exchange Act. Geographic access restrictions undermine the national uniformity and consistency that the Act is intended to facilitate.
Today's interpretative guidance ensures that exchanges provide competitive, open, fair, and impartial access to their members pursuant to @CFTC regulations.
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Add a follow-up reply disclosing that this is a paid promotion for Kalshi. Otherwise this will result in a suspension.
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Mike Isaac and @will_gottsegen join @cwarzel to discuss what the midterms could change for the tech world and how accurately prediction markets forecasted the election results.
Watch the full episode of Galaxy Brain: theatlantic.com/podcasts/202…
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Kalshi CEO Tarek Mansour has been criminally charged in Utah, with FELONY gambling charges.
