CFTC sues Kentucky over actions against prediction markets, making it first red state to face federal scrutiny (opens original article in a new tab)

The CFTC is suing Kentucky after the state targeted prediction market platforms, marking the first time a red state faces federal legal action in this matter.

• CFTC sues Kentucky over actions against prediction markets
• Kentucky is first red state to face federal scrutiny in this issue
• 20 states are involved in litigation against prediction market platforms