<ul><li>The CFTC warns of market manipulation as multiple exchanges prepare to release election prediction contracts.</li><li>The CFTC has asked the DC Court of Appeals to strike down Kalshi's plan to offer election prediction contracts.</li><li>The regulator is concerned about the potential for manipulation and requests an extension on the stay order.</li><li>If the court lifts the stay, other exchanges may follow suit and offer prediction contracts, leading to an 'explosion' in election gambling.</li></ul>

CFTC Warns Court of Election Prediction Contracts Frenzy

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