CFTC Chair Michael Selig said at Consensus 2026 that the agency has sued regulators in about five to six states over jurisdiction involving prediction markets. He identified Arizona, Connecticut, Illinois, and New York as part of the dispute and said the conflict could reach the U.S. Supreme Court if circuit courts issue split decisions. His remarks add specific states and a rough case count to the ongoing fight over whether prediction markets fall under federal oversight through the CFTC or face intervention from state regulators.