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Law and Ledger is a news segment focusing on crypto legal news, brought to you by Kelman Law – A law firm focused on digital asset commerce. The following opinion editorial was written by Alex Forehand and Michael Handelsman for Kelman.Law. Polymarket to Relaunch in the U.S. In the latest development for prediction markets, Polymarket … Read more
Traders across futures and prediction markets are nearly unanimous: the Federal Reserve is expected to cut interest rates at its September meeting, with a 25 basis point reduction the clear favorite. Fed Decision Looms With Markets Bracing for Easing The next Federal Open Market Committee (FOMC) meeting is set for Sept. 17, now less than … Read more
The Commodity Futures Trading Commission’s Division of Market Oversight and Division of Clearing and Risk issued a no-action position Sept. 3 allowing QCX LLC and QC Clearing LLC to be exempted, under narrow conditions, from certain swap-related recordkeeping and swap data reporting requirements for event contracts, including binary option and variable payout contract transactions executed … Read more
Donald Trump Jr.’s venture capital firm, 1789 Capital, has invested a “double-digit millions” sum in the blockchain-based prediction market platform Polymarket, with Trump Jr. also joining its advisory board. Trump Jr.’s 1789 Capital Leads Funding Charge for Prediction Market Polymarket The investment, first reported by Axios on Aug. 26, provides fresh capital for Polymarket as … Read more
Ghislaine Maxwell, once a close associate of the late financier and sex-trafficking operator, Jeffrey Epstein, said she does not believe Epstein took his own life. She also stressed that she “never witnessed the president in any inappropriate setting in any way.” Prediction market Polymarket currently places the odds of her receiving a pardon from U.S. … Read more
Polymarket and Kalshi, two prominent prediction markets, have continued to record substantial trading activity into 2025, with volumes, active accounts, and market offerings reflecting ongoing participation beyond the 2024 U.S. Election. Data Shows Polymarket Volumes Remain Above Pre-Election Levels Metrics from Dune Analytics show that Polymarket, the blockchain-based predictions marketplace, has maintained activity into 2025. … Read more
This week, Ghislaine Maxwell—the convicted accomplice of disgraced sex offender Jeffrey Epstein—was quietly transferred from a Florida lockup to a low-security prison 950 miles away. Not long after, Polymarket lit up with a flurry of speculative betting action associated with Maxwell, tapping into a fresh wave of public fascination and political drama. Epstein’s Alleged Accomplice … Read more
A swarm of high-stakes prediction markets on Polymarket are placing Ghislaine Maxwell and Jeffrey Epstein squarely at the center of a fresh round of speculation, just as Maxwell held a private meeting with the U.S. deputy attorney general. Markets Bet on Epstein Revelations After Ghislaine Maxwell Talks With Feds Prediction market Polymarket is buzzing this … Read more
Crypto-betting platform Polymarket is set to return to the U.S. market after federal regulators closed investigations and it struck a deal to acquire derivatives exchange QCX. The Justice Department and Commodity Futures Trading Commission (CFTC) formally notified Polymarket this month that probes examining whether it improperly allowed U.S.-based traders post-2022 settlement were closed. To gain … Read more
A Polymarket prediction market has emerged, allowing users to wager on the potential divorces of Astronomer CEO Andy Byron and Chief People Officer Kristin Cabot. This speculation began after the two went viral on social media for their appearance at a Coldplay concert. Polymarket Bets on Possible Divorce of Astronomer CEO Polymarket is showing once … Read more