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3232DC Circuit Court Rules Kalshi’s US Election Bets Legal
https://www.digit.info/dc-circuit-court-rules-kalshis-us-election-bets-legal/
Sat, 05 Oct 2024 20:46:34 +0000https://www.digit.info/dc-circuit-court-rules-kalshis-us-election-bets-legal/Read more]]>This week, the U.S. Court of Appeals for the District of Columbia Circuit has ruled in favor of the predictions market Kalshi, allowing the commodities exchange to offer event contracts based on the outcome of U.S. congressional elections. Circuit Judge Millett’s opinion supports the legality of the contracts, dismissing claims of gaming or election gambling. […]
]]>Prosecutors Recommend 5-7 Year Sentence for Former FTX Executive Ryan Salame
https://www.digit.info/prosecutors-recommend-5-7-year-sentence-for-former-ftx-executive-ryan-salame/
Wed, 22 May 2024 18:00:58 +0000https://www.digit.info/2024/05/22/prosecutors-recommend-5-7-year-sentence-for-former-ftx-executive-ryan-salame/Read more]]>Prosecutors have proposed a prison term of five to seven years for Ryan Salame, a former executive at FTX, ahead of his sentencing scheduled for May 28, 2024. This recommendation contrasts sharply with Salame’s legal team’s plea for a more lenient punishment of no more than 18 months. Clash Over Sentencing: Prosecutors Demand 5-7 Years […]