CFTC Enforcement Division Issues Prediction Markets Advisory Following Kalshi Fraud Cases

TLDR: The CFTC issued a prediction markets advisory on February 25, 2026, following two Kalshi enforcement cases. A political candidate received a five-year Kalshi ban and a $2,246.36 penalty for trading on his own candidacy. A YouTube editor was fined $20,397.58 and suspended two years for trading on material nonpublic information. The CFTC confirmed full [...]

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