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Washington Judge Grants Preliminary Injunction Against Kalshi, Rejects Commodity Exchange Act Preemption

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2 outlets - including Bitcoin and Defirate - are covering this story. A Washington state judge has granted a preliminary injunction against Kalshi after rejecting its argument that federal commodities law overrides state gambling rules. The court found Washington is likely to prove its claims, but will not fi…

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Washington Judge Rejects Kalshi’s Federal Defense, Grants State Injunction
Bitcoin.com News Jul 21, 10:30 UTC

Washington Judge Rejects Kalshi’s Federal Defense, Grants State Injunction

A Washington state judge has granted a preliminary injunction against Kalshi after rejecting its argument that federal commodities law overrides state gambling rules. The court found Washington is likely to prove its claims, but will not fi…

Washington Judge Grants Preliminary Injunction Against Kalshi, Rejects Commodity Exchange Act Preemption
DeFi Rate Jul 21, 02:00 UTC

Washington Judge Grants Preliminary Injunction Against Kalshi, Rejects Commodity Exchange Act Preemption

Court finds Washington is likely to succeed on claims that Kalshi’s event contracts violate state gambling law, while giving the parties until Aug. 3 to propose the injunction’s specific terms The post Washington Judge Grants Preliminary In…