Bets on Fate of Iran’s Khamenei Spark Uproar at Leading Prediction Markets
Prediction markets face mounting political and regulatory scrutiny after lucrative bets on Iran’s Khamenei and U.S. strikes raised insider-trading and war-profiteering concerns.
Federal Reserve Mounts Closed-Door Fight Against Justice Department Subpoenas, WSJ, Feb 26, 2026
U.S. Attorney Jeanine Pirro is investigating testimony Chair Jerome Powell provided last summer around building renovations, a probe he has called improper. The Federal Reserve is waging a behind-closed-doors legal challenge to a pair of subpoenas issued as part of U.S. Attorney Jeanine Pirro’s criminal
States Encroach on Prediction Markets
The CFTC, the legitimate regulator of these financial instruments, backs Crypto.com in a lawsuit appeal.
DraftKings Shares Lofty Prediction Markets Goals in 2026 Outlook
The online sports betting operator reported a 43% jump in sales and shared ambitious investment plans for its prediction markets platform
How One Prediction-Market Trader Played the Super Bowl—and Lost $100,000
For Liam Kane and others like him, the NFL title game was an opportunity to bet against new and often inexperienced bettors When New England Patriots wide receiver Mack Hollins scored a touchdown with about 12 minutes left in the Super Bowl, the moment had the chance to be a
