Topic
6 facts from 2 episodes, in date order. These are what speakers said on the shows, each linked to the moment it was said. They aren't independently verified.
2019
Host Ben Gilbert said BitMEX CEO Arthur Hayes ran into serious trouble with the CFTC around the time FTX announced its seed round in 2019.
“Arthur Hayes, CEO of BitMEX, which is, I think, the biggest player at that point, is getting into real trouble with the CFTC.”
2022
By the end of 2022 the CFTC delayed approval of Kalshi's election contracts until after the election, which Tarek Mansour calls a pocket veto.
“By the end of 22, they sort of like delayed the approval till after the election, what we call a pocket veto. That was brutal.”
2023
Kalshi tried again to list election contracts and the CFTC blocked them again at the end of 2023.
“so we try again end of 23 they block it again and I was really at the point where I'm like”
2024
Luana Lopes Lara says the law only lets the CFTC stop a contract if it finds it against the public interest and in categories such as war, terrorism or assassination.
“the government cannot stop any type of contract unless it makes a finding that's against public interest and it has to fall within certain categories of war, terrorism, assassination.”
2024
Kalshi won its election lawsuit against the CFTC at the end of 2024 and began growing rapidly afterward.
“we won the election lawsuit at the end of 2024. and that's when we really started ramping up”
Undated
Kalshi files every contract with the Commodity Futures Trading Commission, which has 24 hours to stop it.
“Every single contract we file with the CFTC and they have 24 hours to stop it.”
Episodes