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34 articles, grouped into stories

Sixth Circuit Guts Kalshi’s Federal Shield, Rules Sports Bets Are Just BetsTHE SWAP DEFENSE FALLS APART The Sixth Circuit says Kalshi's sports contracts are ordinary bets, not federally protected swaps. Ohio and Tennessee can now enforce their gambling laws against the company. The ruling deepens a three-way circuit split that's pushing this fight straight toward the Supreme Court. By Samuel López | USA Herald Kalshi just Sixth…
Ponzi Scheme Promised 15% Weekly Returns, Delivered $406 Million in Losses Instead, CFTC SaysThe Fraud, By the Numbers Federal regulators say four men ran a forex trading scam that pulled in nearly $1 billion from everyday investors. Almost all of that money never touched a currency market — it went straight into the pockets of the people running the operation. Participants who bought in are now out at CFTC charges Cash FX Group, CEO Huascar…
Banks made $3 billion from overdraft fees in just 6 months: Here's how to avoid paying themThe average overdraft fee is about $35, according to the Consumer Financial Protection Bureau (CFPB), and U.S. banks collected $2.96 billion in combined overdraft and non-sufficient funds (NSF) fees in just the first six months of 2026, according to a Motley Fool Money analysis of Federal Financial Institutions Examination Council (FFIEC) Call Report…