Kalshi Caught Between CFTC and Michigan Court as Prediction Market Fight Escalates
Covered by 2 sources · 2 articles
2 outlets - including Defi-planet and Cryptotimes - are covering this story. The legal battle over prediction markets in the United States has intensified after the Commodity Futures Trading Commission (CFTC) directed Kalshi to continue operating in Michigan, despite a state court order requiring the platform to sto…
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Kalshi Caught Between CFTC and Michigan Court as Prediction Market Fight Escalates
The legal battle over prediction markets in the United States has intensified after the Commodity Futures Trading Commission (CFTC) directed Kalshi to continue operating in Michigan, despite a state court order requiring the platform to sto…
Kalshi Slams CFTC Trade Order After Michigan Court Fight
In a sharp public pushback, Kalshi's enforcement head stated the exchange "had no choice" but to follow a Michigan court order to unwind the sports trades, hitting back at a conflicting federal mandate to reinstate them.