Kalshi CEO Tarek Mansour said state-led oversight of U.S. prediction markets would force the industry offshore if courts side with states in the legal fight over sports-related event contracts. According to CoinDesk, Mansour said Kalshi feels “pretty good” about its U.S. legal standing, while the CFTC has moved to bolster its authority with a new rule and another proposal aimed at classifying event contracts as swaps.