Apr 14, 2026
A federal judge ordered Arizona not to bring enforcement actions under state law against prediction market Kalshi, at least temporarily, as DOJ and CFTC argue the platform's contracts are federally regulated swaps rather than state-level gambling.
US prosecutors rejected Tornado Cash co-founder Roman Storm's newest argument for case dismissal, stating a recent Supreme Court ruling cited by his attorneys was 'inapposite' to the case as Storm faces retrial on two charges.
A Nevada state judge extended a temporary restraining order against Kalshi's sports prediction markets, ruling that the platform's baseball game contracts are indistinguishable from ordinary gambling and require a gaming license. The order extends a ban originally issued on March 20.
The Commodity Futures Trading Commission filed lawsuits against Illinois, Arizona, and Connecticut, asserting exclusive federal jurisdiction over prediction markets under the Commodity Exchange Act. The suits challenge state cease-and-desist orders against prediction market operators.