In brief CME Group Chairman Terry Duffy and Kalshi co-founder Luana Lopes Lara clashed during a CFTC roundtable in Washington, D.C. Duffy singled out Kalshi while questioning whether prediction markets face the same regulatory scrutiny as established exchanges. The clash comes amid a fight between federal and state regulators over prediction markets. A CFTC roundtable on prediction markets turned heated Thursday when CME Group Chairman Terry Duffy and Kalshi co-founder Luana Lopes Lara traded insults over market manipulation and regulation.The confrontation unfolded during a Commodity Futures Trading Commission meeting in Washington, D.C., as executives from traditional finance, crypto, and prediction…

In a handful of known cases, large social media companies have privately pushed back against Immigration and Customs Enforcement (ICE) subpoenas when the agency tried to unmask anonymous users who tracked immigration activities or criticized the government.As ICE engages in a pattern of illegal and chilling investigations, any resistance is welcome. But social media companies can do more. When companies receive these unlawful subpoenas, they should be clear with the public that they will not hand over the data unless a court compels them to do so. In addition, companies themselves can take the government to court to challenge these…

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