latest news in Prediction Markets

Suspicious Bets on Iran Strikes Spark Insider Trading Concerns

New York, Monday, 2 March 2026.
With $529 million wagered on US strikes, six anonymous accounts netted $1.2 million, triggering urgent regulatory scrutiny into potential insider trading and the ethics of monetizing global conflict.

Kalshi Sues Utah to Block State Gambling Laws from Restricting Prediction Markets

Salt Lake City, Thursday, 26 February 2026.
Asserting federal preemption, Kalshi sued Utah officials on February 24, arguing its CFTC-regulated contracts are financial instruments, not the ‘illegal gambling’ Governor Spencer Cox claims they are.