Kalshi says CFTC, Michigan orders leave it in ‘impossible position’
Covered by 2 sources · 2 articles
2 outlets - including Thecoinrepublic and Cointelegraph - are covering this story. Key Insights: Kalshi said conflicting federal and Michigan orders placed the exchange in an “impossible position” after the Commodity Futures Trading Commission blocked it from canceling trades that a Michigan court had ordered unwound. The…
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Kalshi Faces ‘Impossible Position’ in CFTC-Michigan Clash
Key Insights: Kalshi said conflicting federal and Michigan orders placed the exchange in an “impossible position” after the Commodity Futures Trading Commission blocked it from canceling trades that a Michigan court had ordered unwound. The…
Kalshi says CFTC, Michigan orders leave it in ‘impossible position’
“We are disappointed by this decision and believe it is unfair to Kalshi,” the company’s legal counsel said on X.