CFTC blocks Kalshi from canceling Michigan trades despite court order
Covered by 4 sources · 4 articles
4 outlets - including Bitcoin, Livebitcoinnews and Crypto and 1 more - are covering this story. The Commodity Futures Trading Commission has stopped Kalshi from liquidating sports event contracts that a Michigan court ordered cancelled and refunded. The intervention leaves Michigan’s restriction on new sports trades intact while openi…
All coverage
CFTC Blocks Kalshi From Cancelling Michigan Sports Trades Ordered Voided
The Commodity Futures Trading Commission has stopped Kalshi from liquidating sports event contracts that a Michigan court ordered cancelled and refunded. The intervention leaves Michigan’s restriction on new sports trades intact while openi…
CFTC Blocks Kalshi From Halting Michigan Trades Despite Court Order
CFTC blocked Kalshi from canceling Michigan trades despite a state court order. Federal regulators say the Commodity Exchange Act overrides conflicting state actions. Michigan dispute may shape future oversight of U.S. prediction market pla…
CFTC blocks Kalshi from unwinding Michigan trades after court order
CFTC has ordered Kalshi to keep operating in Michigan despite the platform already unwinding sports event trades to comply with a state court order, deepening the dispute over who regulates prediction markets in the U.S. According to a July…
CFTC blocks Kalshi from canceling Michigan trades despite court order
The CFTC's stance underscores federal authority over state interference, potentially shaping future regulatory frameworks for prediction markets. The post CFTC blocks Kalshi from canceling Michigan trades despite court order appeared first…