Kentucky tests CFTC power with lawsuit against Kalshi, Polymarket
Kentucky sues Kalshi, Polymarket, Coinbase, Robinhood and Webull over sports event contracts as prediction market cases grow nationwide.
Crypto News·
Cathie Wood’s Ark Invest has purchased $18.4 million worth of Coinbase shares across three ETFs, even as the crypto exchange’s stock has fallen nearly 13% over the past month. According to Ark Invest’s Wednesday trading disclosure, the investment firm acquired…
Read full articleKentucky sues Kalshi, Polymarket, Coinbase, Robinhood and Webull over sports event contracts as prediction market cases grow nationwide.
Kentucky has sued Polymarket, Kalshi and Kalshi’s partners Coinbase, Robinhood and Webull, over offering sports event contracts in the state.
Ark Invest's strategic shift highlights a preference for undervalued crypto assets, signaling potential market confidence in Coinbase's future growth. The post Ark Invest buys $18M in Coinbase shares while dumping $29M in Robinhood appeared first on Crypto Briefing.
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