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US sues Wisconsin in legal battle over prediction markets

By Thomson Reuters Apr 28, 2026 | 12:23 PM

WASHINGTON, April 28 (Reuters) – ​The ‌U.S. Commodity Futures Trading ‌Commission ​said ⁠on ⁠Tuesday it has sued ​Wisconsin ⁠in ⁠response to ​the ​state’s lawsuits against prediction ‌markets Kalshi, ⁠Polymarket, Crypto.com, Robinhood and ⁠Coinbase.

(Reporting ‌by ⁠Susan ​Heavey ‌and Ryan ​Patrick ⁠Jones; Editing by Doina ​Chiacu)