Massachusetts Amends Complaint: Kalshi Accused of Offering Sports Betting to Users Under 21

Odaily Planet Daily News The Massachusetts Attorney General has received court approval to file an amended complaint against prediction market platform Kalshi, adding allegations that Kalshi targeted users under 21 through social media and on-campus marketing, and failed to take effective measures to prevent them from using the platform. Kalshi allows individuals aged 18 and older to create accounts and place bets on sporting events. The case dates back to September 2025, when state authorities accused Kalshi of offering sports betting in violation of state law. The CFTC previously submitted an amicus brief in Massachusetts asserting exclusive jurisdiction over prediction markets, with Chairman Michael Selig stating that Congress has granted the CFTC sole authority to regulate commodity derivatives markets. Kalshi has not yet responded to requests for comment. (Cointelegraph)