Even Quickly Blocking Election Contracts Dangers ‘Irreparable’ Hurt, Kalshi Argues

Even Quickly Blocking Election Contracts Dangers ‘Irreparable’ Hurt, Kalshi Argues

by Jeremy

Kalshi, which received a big victory in court docket final week when a federal decide dominated its political prediction markets must be allowed to commerce within the U.S., mentioned the CFTC would not endure any main hurt if its new contracts have been allowed to commerce throughout the attraction course of, however the firm would “endure substantial – certainly, irreparable – hurt” if it is blocked from letting individuals guess on the result of the 2024 elections.

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