Kalshi’s New Political Prediction Markets Halted as CFTC Appeals Loss

Kalshi’s New Political Prediction Markets Halted as CFTC Appeals Loss

by Jeremy

“Appellee KalshiEx LLC (‘LLC’), understanding that this Court docket’s evaluate was imminent, has raced to launch its election playing contracts on the identical day the District Court docket issued a memorandum opinion, earlier than Appellant the Commodity Futures Buying and selling Fee (‘Fee’ or ‘CFTC’) has had the chance to file this movement for keep pending attraction concerning the severe authorized points and public pursuits at stake,” the CFTC stated in its submitting.

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