Kalshi loses preliminary injunction bid in New York federal court ruling
Covered by 2 sources · 2 articles
2 outlets - including Crypto and Cryptobriefing - are covering this story. Kalshi loses NY injunction bid as Judge Torres says state gambling laws may apply to sports contracts despite CFTC oversight claims in case.
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Kalshi loses New York court bid over sports prediction markets
Kalshi loses NY injunction bid as Judge Torres says state gambling laws may apply to sports contracts despite CFTC oversight claims in case.
Kalshi loses preliminary injunction bid in New York federal court ruling
The ruling highlights ongoing jurisdictional conflicts, potentially leading to fragmented market access and regulatory uncertainty for prediction platforms. The post Kalshi loses preliminary injunction bid in New York federal court ruling a…