CFTC Warns of Crackdown as Prediction Markets Face Rising Scrutiny

[cryptoenthusiast]

The enforcement actions come as prediction markets enter the regulatory spotlight. Kalshi, which is regulated by the CFTC, said it has investigated around 200 cases and currently has more than a dozen active investigations. The company recently formed a surveillance audit committee and partnered with Solidus Labs to strengthen efforts to detect and prevent market abuse.

CFTC Chair Mike Selig issued a strong warning to potential violators, stating that attempts to engage in manipulation, fraud, or insider trading will not go unnoticed. Lawmakers have also proposed new legislation aimed at restricting trading by government insiders, signaling tighter oversight as event-based trading platforms continue gaining mainstream traction.

[chainsniff]

lawmakers shocked that politicians might have inside information shocking truly