{"id":319890,"date":"2026-08-12T23:00:20","date_gmt":"2026-08-12T23:00:20","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/319890\/"},"modified":"2026-08-12T23:00:20","modified_gmt":"2026-08-12T23:00:20","slug":"cftc-steps-in-to-protect-kalshi-as-new-york-pushes-36b-lawsuit","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/319890\/","title":{"rendered":"CFTC steps in to protect Kalshi as New York pushes $36B lawsuit"},"content":{"rendered":"\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Scott Melker highlights the regulatory turf war between the federal government and state authorities over prediction markets, focusing on the CFTC invoking emergency powers to keep Kalshi operating despite a massive lawsuit from New York.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">&#8220;<a href=\"https:\/\/finance.yahoo.com\/videos\/series\/daily-wolf\/?fr=sycsrp_catchall\" data-ylk=\"slk:The%20Daily%20Wolf%20with%20Scott%20Melker;elm:context_link;itc:0;sec:content-canvas;cpos:1;pos:1;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;The Daily Wolf with Scott Melker&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkPosition&quot;:&quot;1&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" class=\"link\" rel=\"nofollow noopener\">The Daily Wolf with Scott Melker<\/a>&#8221; airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Make sure to also check out Yahoo Finance&#8217;s new <a href=\"https:\/\/finance.yahoo.com\/markets\/crypto\/\" data-ylk=\"slk:crypto%20hub;elm:context_link;itc:0;sec:content-canvas;cpos:2;pos:1;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;crypto hub&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkPosition&quot;:&quot;2&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" class=\"link\" rel=\"nofollow noopener\">crypto hub<\/a> to find the latest crypto-related news.  <\/p>\n","protected":false},"excerpt":{"rendered":"Scott Melker highlights the regulatory turf war between the federal government and state authorities over prediction markets, focusing&hellip;\n","protected":false},"author":2,"featured_media":319891,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[13035,13034,120592,9,11,10,17757,81872,120591],"class_list":["post-319890","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-york","tag-cftc","tag-kalshi","tag-massive-lawsuit","tag-new-york","tag-new-york-headlines","tag-new-york-news","tag-prediction-markets","tag-scott-melker","tag-state-authorities"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/319890","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=319890"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/319890\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/319891"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=319890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=319890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=319890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}