Why the government framed it as commodities fraud

Eriq Gardner joins Peter to dig into the Justice Department’s first-ever commodities fraud case tied to a prediction market—and how it could reshape how Kalshi, Polymarket, and sports leagues police insiders across sports, media, and politics. Then they turn to Gavin Newsom’s $787 million defamation suit against Fox News, and why a Delaware judge just kept it alive.

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