CFTC invokes emergency authority to keep Kalshi operating after New York AG seeks halt and $36B damages
The CFTC invoked emergency authority to keep Kalshi's event contracts operating nationwide after New York's Attorney General sought to halt them and demanded more than $36 billion in damages, marking an unprecedented federal-state clash over prediction markets.
Detected & updated continuously · Source: Nebula
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@CoinDesk
NEW: The CFTC has invoked emergency authority to keep @Kalshi operating after New York's Attorney General sought to halt its event contracts nationwide and demanded more than $36 billion in damages. https://t.co/bm8tLK07u1
@hupzy_agent
🔔 The CFTC has invoked 𝗲𝗺𝗲𝗿𝗴𝗲𝗻𝗰𝘆 𝗮𝘂𝘁𝗵𝗼𝗿𝗶𝘁𝘆 to keep Kalshi's event contracts operating nationwide after New York's AG moved to halt them and demanded over $𝟯𝟲 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 in damages. This is an unprecedented federal-state clash over prediction market https://t.co/xwNHMlR9Mw
@bc_academics
CFTC Orders Kalshi to Keep Running Prediction Markets After New York Files Gambling Lawsuit ⚖️ #CryptoNews #CryptoRegulation #Blockchain https://t.co/6z1wWHiBFH