SiaPredict Newsletter
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SiaPredict Weekly · August 6, 2026
A federal judge in Utah handed Kalshi its first final loss in the nationwide state-preemption fight, rejecting every CEA argument and setting up a Tenth Circuit appeal. The ruling lands alongside a wave of federal scrutiny, from a CFTC settlement with George Santos to a Senate push against wildfire contracts, even as capital keeps flowing into the sector with Polymarket reportedly in talks for a $20 billion-plus valuation.
- Federal judge grants Utah summary judgment against Kalshi, rejecting CEA preemption
- CFTC settles manipulative-trading charges against George Santos over Kalshi contract
- Eight Senate Democrats press CFTC to bar wildfire event contracts
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