U.S. Army Master Sergeant Gannon Van Dyke is the first person charged with using classified military intelligence to insider-trade on a crypto prediction market. The DOJ and CFTC both came for him.
Wisconsin's AG filed two separate lawsuits on April 23 targeting Kalshi, Coinbase, Robinhood, Polymarket, and Crypto.com — using the platforms' own marketing copy against them in a case that could reach the Supreme Court.
Jamie Dimon — Wall Street's most famous crypto sceptic — has signalled JPMorgan could enter prediction markets. Goldman Sachs is already meeting with Polymarket. The last wall between TradFi and on-chain betting is crumbling.