Bobby Allen
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District Judge Sarah Morrison says apps like Cauchy and Polymarket are no different than gambling.
Cauchy argued it should not be regulated like a gambling operation because it's technically a type of futures contract, not a gambling site.
But billions of dollars are spent every week on Kalshi, where people bet on who will win the latest season of Survivor, whether Trump will say Midnight Hammer, and how many times sports announcers will say the word foul.
In her ruling, Morrison wrote, treating this as anything other than gambling is absurd.
Kalshi says it plans to appeal.
Nearly $6 billion was traded in the past week on Kalshi and Polymarket, which is up nearly 2,000% from last year.
Anthropic filed two lawsuits alleging that Trump officials broke the law by placing the company on a contractor blacklist.
The company says it came after Anthropic said its powerful AI programs could not be used in lethal autonomous weapons nor to spy on American citizens.
After that, the Pentagon labeled Anthropic a supply chain risk, a label typically used against foreign adversaries like China.
The suits say Trump officials violated the company's free speech and exceeded the law's authority on supply chain rules.
The Pentagon would not comment on the suit.
President Trump has said he will order all federal agencies to stop using Anthropic's AI tool.
Claude, Bobby Allen, NPR News.
On the prediction market platform Cauchy, people bet on what MrBeast will say on his next stream, on how many subscribers he'll bring in this year, and on how many subscribers he'll bring in this year.
and even on when he'll get married.
But investigators at Cauchy noticed someone had near-perfect success at these wagers.
And that's because the person betting was an editor for Mr. Beast.
The trader was fined $20,000 and banned from the platform for two years.