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Crypto Markets

Federal Crosshairs on Prediction Markets: DOJ and CFTC Target George Santos Over Alleged Kalshi Insider Trading

Federal investigators are reportedly probing former U.S. Congressman George Santos for allegedly exploiting advance knowledge of his State of the Union appearance to profit on Kalshi, a CFTC-regulated prediction market platform. The dual-agency investigation signals that U.S. regulators are now treating political prediction markets as serious financial instruments subject to insider trading frameworks. If charges materialize, this case could set a landmark precedent for how non-public political information is classified under commodities and securities law.

Jun 4Read →
Crypto Markets

160 Former Security Officials Back Blockchain Association Push to Advance Clarity Act Through Senate

The Blockchain Association has mobilized a coalition of 160 former national security officials to formally urge the U.S. Senate to advance the Clarity Act, a landmark digital asset market structure bill. The move signals a strategic shift in crypto lobbying — anchoring regulatory arguments in national security rather than purely financial innovation. This bipartisan pressure campaign represents one of the most coordinated legislative efforts in the digital asset industry's history.

Jun 4Read →