Kalshi Denies CFTC Investigation Over $5B in Ether Perpetual Trades
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· body · New information from a source
Kalshi stated the CFTC has not contacted it regarding trading activity, according to CoinDesk.The exchange attributed nearly $5 billion in similarly sized Ether perpetual trades to its liquidity incentive programs and rejected allegations the activity constituted wash trading, per Cointelegraph.- Kalshi said the Commodity Futures Trading Commission has not contacted the company or opened an investigation into its trading activity, according to CoinDesk.
- The statement came in response to allegations that nearly $5 billion in similarly sized Ether perpetual trades on the platform amounted to wash trading, according to Cointelegraph.
- Kalshi rejected that characterization, saying the trades reflected its liquidity incentive programs rather than any attempt to manufacture artificial volume, per Cointelegraph.
- Kalshi's response addresses reports describing the trading pattern as "unusual" and directly disputes any suggestion that the CFTC, its federal regulator, is examining the activity.
· summary · New information from a source
Kalshi says it faces no CFTC investigation over nearly $5B in similarly sized Ether perpetual trades.- Kalshi says the CFTC has not contacted it about roughly $5 billion in similarly sized Ether perpetual trades, calling wash-trading allegations false.
· headline · New information from a source
Kalshi denies CFTC investigation over $5B in Ether perpetual trades- Kalshi Denies CFTC Investigation Over $5B in Ether Perpetual Trades
Every change made to this story after publication is recorded here automatically. A factual error gets a correction as well, on the corrections page.
Kalshi said the Commodity Futures Trading Commission has not contacted the company or opened an investigation into its trading activity, according to CoinDesk.
The statement came in response to allegations that nearly Kalshi says CFTC hasn’t contacted it over ‘unusual’ $5B trading activity.
in similarly sized Ether perpetual trades on the platform amounted to wash trading, according to Cointelegraph. Kalshi rejected that characterization, saying the trades reflected its liquidity incentive programs rather than any attempt to manufacture artificial volume, per Cointelegraph.
Kalshi’s response addresses reports describing the trading pattern as “unusual” and directly disputes any suggestion that the CFTC, its federal regulator, is examining the activity.
Sources: CoinDesk, Cointelegraph
This article is for information only and is not financial advice.
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Story so far 2 updates
- flashKalshi denies CFTC investigation over $5B in Ether perpetual tradesfirst reported · 2 sourcescoindesk.com · cointelegraph.com
- storyKalshi Denies CFTC Investigation Over $5B in Ether Perpetual Tradesupdate · 2 sourcescoindesk.com · cointelegraph.com
Kalshi US Commodity Futures Trading Commission
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