The US Commodity Futures Trading Commission has sued Wisconsin in the agency’s fifth lawsuit against a US state to assert jurisdiction over prediction markets.

A federal judge slammed Sam Bankman-Fried’s request for a new trial as seemingly “a plan to rescue his reputation,” denying the former FTX boss’s request.

US President Donald Trump says the US can’t be “left out in the cold” on prediction markets just days after he said he was “not happy” with the fast-growing platforms.

Democrats seeking to crack down on the Trump family’s crypto empire have found an ally in Republican Thom Tillis, who supports ethics provisions in a key crypto bill.