WorldPingThe CFTC flexed its emergency authority and ordered Kalshi to keep operating after the platform was sued last month in New York.
This is a short WorldPing brief. The full report was published by The Block.
Read the full report at The Block
WorldPingNew York sued Kalshi last month in a bid to block it from operating sports-related prediction markets.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingA federal judge denied Kalshi’s request for a preliminary injunction against Connecticut regulators, holding that its sports-event contracts are not swaps under the Commodity Exchange Act, so the CFTC’s exclusive jurisdiction never attached.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingThe legal action against Kalshi focused on trademark infringement and injury to its reputation in addition to citing state authorities comparing the company’s contracts to gambling.
Brief by WorldPing · Original reporting by Cointelegraph
WorldPingJudges tell Meta that Section 230 provides a defense, not immunity from lawsuits.
Brief by WorldPing · Original reporting by Ars Technica
WorldPingA flight tracking service is suing Kalshi for using its data without authorization.
Brief by WorldPing · Original reporting by Engadget
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