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Finance

CFTC sues Kentucky over actions against prediction markets, making it first red state to face federal scrutiny

CNBC Markets Jun 23, 2026 3h ago ⏱ 1 min read 👁 3 views

CFTC sues Kentucky over actions against prediction markets, making it first red state to face federal scrutiny

Image via CNBC Markets

📋 Article Summary

42 words

The commission has now sued nine states in total in its battle to defend what it sees as its exclusive right to regulate event contracts. This story was reported by CNBC Markets. For more Finance news in Kenya, stay tuned to Masaa.

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