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February 4, 2026 6:15 PM UTC

CFTC and DOJ Sue 3 States as Jurisdiction Battle Raises Stakes for Prediction Markets

CFTC and DOJ Sue 3 States as Jurisdiction Battle Raises Stakes for Prediction Markets

Federal authorities have launched a coordinated legal offensive to cement control over prediction markets, challenging state interventions and raising the stakes for how event contracts are governed across U.S. derivatives markets. CFTC-DOJ Lawsuits Target State Control Over Prediction Markets Authority The Commodity Futures Trading Commission (CFTC), the U.S. derivatives regulator, and the Department of Justice

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