The prediction markets – which permit individuals “to purchase and promote contracts on whether or not occasions are going to occur or not,” as Kalshi describes it on its web site – have had a tumultuous latest historical past with the CFTC. Different corporations had been ordered to stop doing enterprise within the U.S., akin to Polymarket and PredictIt, which has been combating the CFTC in courtroom since final 12 months.
