State of Crypto: Kalshi and Prediction Markets Face a Setback

admin November 29, 2025 Leave a Comment

The court cases will continue for the moment.

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Crypto mogul Do Kwon sentenced to 15 years in prison for fraud December 12, 2025
Co-founder of Singapore-based Terraform Labs given more jail time by US judge than prosecutors soughtDo Kwon, the entrepreneur behind two cryptocurrencies that lost $40bn (£29.8bn) three years ago and caused the sector to crash, has been sentenced to 15 years in prison for fraud.The South Korean, 34, had pleaded guilty to two counts of US […]
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Crypto investor gives £9m to Reform UK as donations exceed those to Tories December 4, 2025
Christopher Harborne’s record gift revealed in Electoral Commission figures prompts renewed calls for cap on political donationsNigel Farage’s Reform UK party has received a £9m donation from Christopher Harborne, a leading cryptocurrency investor, as well as £50,000 from the wife of the owner of the Daily Mail.Harborne, who also has interests in defence and aviation […]
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American Bitcoin Corp’s shares fell from $2.39 to $1.90 after closing in what some are calling ‘crypto winter’Shares in Eric Trump’s crypto mining business lost nearly 40% of their value in less than 30 minutes on Tuesday.The nosedive of American Bitcoin Corp, which triggered repeated trading halts, followed the steep decline of many cryptocurrencies and […]

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State of Crypto: Kalshi and Prediction Markets Face a Setback

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