FTC News & Prediction Market Coverage
Track the latest FTC news across prediction markets. Prediction News is following 4 active FTC stories across regulation, legal action, market moves, and platform developments, each clustered from original reporting and summarized for operators, traders, and regulators.
Latest News
BBB ad watchdog refers Kalshi to FTC after influencer inquiry no-show
LegalNine House Democrats ask FTC to probe prediction markets for consumer deception
LegalNine House Democrats ask FTC to investigate prediction market platforms
LegalKalshi sues Minnesota to block nation's first felony prediction market ban
Frequently Asked Questions
Has the FTC been asked to investigate prediction markets?
Yes. Nine House Democrats sent a letter dated June 4, 2026, requesting that the FTC investigate prediction market platforms for potential unfair or deceptive acts or practices.
What FTC action has been requested regarding Kalshi advertising?
The BBB National Advertising Division referred Kalshi to the FTC in June 2026 after the platform declined to participate in a review of its influencer and affiliate marketing on Instagram and X.
Does the FTC have authority over prediction market advertising?
The FTC enforces Section 5 of the FTC Act against deceptive advertising; any findings could lead to consent decrees or civil penalties separate from CFTC oversight.
Has the FTC received complaints about Polymarket or Kalshi?
The June 2026 congressional letter specifically asks the FTC whether it has received complaints about prediction market platforms and whether it has opened or plans any investigations.
How does FTC scrutiny of prediction markets differ from CFTC oversight?
FTC review focuses on consumer-protection issues such as advertising and deception, while the CFTC oversees event contracts as commodity derivatives.