A top federal financial regulator has warned Kalshi of potentially imminent charges tied to the launch of certain wagers by the prediction market giant, a person with direct knowledge of the probe said.
The Commodity Futures Trading Commission is investigating whether Kalshi failed to properly notify the agency about dozens of new products that were in the works, said the person, who was granted anonymity to discuss the unannounced enforcement activity. The agency’s private notification to Kalshi suggests the charges could land soon, though they could also result in a settlement.
Kalshi spokesperson Elisabeth Diana said in a statement that the CFTC’s warning “is about a procedural error involving the submission of a handful of contracts, many of which weren’t live.
