Judge Who Ruled XRP Not a Security in Ripple Case Hands Kalshi ‘A Major, Major Loss’ in New York
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3 outlets - including Coinpedia, Coingape and Bitcoin - are covering this story. The post Judge Who Ruled on Ripple XRP Just Dealt a Major Blow to Prediction Markets appeared first on Coinpedia Fintech News Judge Analisa Torres, known for presiding over the landmark Ripple case, has ruled against prediction market platf…
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Judge Who Ruled on Ripple XRP Just Dealt a Major Blow to Prediction Markets
Ripple Lawsuit-Linked Judge Torres Hands Kalshi a Big Loss in NY Prediction Markets Case
Federal Judge Analisa Torres, known for SEC v Ripple lawsuit, has ruled against prediction market platform Kalshi in a gambling case in New York. This marks a big loss for the prediction market firm, allowing New York state to continue enfo…
Judge Who Ruled XRP Not a Security in Ripple Case Hands Kalshi ‘A Major, Major Loss’ in New York
Judge Analisa Torres, best known for the SEC v. Ripple ruling, has denied Kalshi’s bid for a preliminary injunction against New York gaming regulators, finding the state’s gambling laws are not preempted by federal commodities law. Another…