$5 Billion of Nearly Identical Kalshi Trades Draw CFTC Scrutiny

Almost one million trades of nearly the same size have moved through a single Kalshi market since August, and federal regulators are looking at them, as reported by The Wall Street Journal. Based on the exchange’s public data, the pattern is still running on Wednesday morning—and regulators are reportedly looking into it. One Order Size […]
Key Takeaways
- Almost one million trades of nearly the same size have moved through a single Kalshi market since August, and federal regulators are looking at them, as reported by The Wall Street Journal.
- Based on the exchange’s public data, the pattern is still running on Wednesday morning—and regulators are reportedly looking into it.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation
XT Exchange Marks Eight Years With a Standard That Has to Be Met Again Every Day
Digital assets have moved from a speculative curiosity to an infrastructure that touches payments, portfolios, and everyday spending for millions of people across very different regulatory environments. Platforms that operated through that shift did not earn…

Curacao’s ‘Casino Secrets’ Exposed in Regulatory Leak as Firms Push Back
A searchable archive of leaked documents taken from Curaçao’s gambling regulator opened to the public on Wednesday morning, a day after an international consortium published its first stories from the files. However, the named companies dispute the findings,…

Ondo Pushes USDY Deeper Into Solana DeFi
TL;DR Ondo Finance says its USDY tokenized yield product is expanding across Solana DeFi venues. USDY is a yield-bearing tokenized note backed by short-term US Treasuries and bank deposits, not a conventional $1 stablecoin. The expansion builds on Ondo’s…