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CFTC Sues Kentucky Over Prediction Market Lawsuits

The Hill1 min read55 words
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The Trump administration sued Kentucky on Tuesday over the state’s recent push to rein in prediction markets. The Commodity Futures Trading Commission (CFTC), which argues it has exclusive jurisdiction over the platforms, brought the case after Kentucky Attorney General Russell Coleman (R) sued Kalshi and Polymarket last week. “Kentucky is the latest state attempting to…

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