Creating prediction markets (and suing the CFTC) with Tarek Mansour and Luana Lopes Lara
Kalshi founders Tarek Mansour and Luana Lopes Lara recount their four-year battle to launch the first CFTC-regulated prediction market in the US, culminating in a lawsuit against their own regulator to offer election contracts, and why their 'permission-first' approach ultimately enabled $10+ billion monthly volumes.