Michigan court converts freeze into preliminary injunction blocking Kalshi sports contracts
A Michigan circuit judge converted a freeze into a preliminary injunction requiring Kalshi to block Michigan users from sports event contracts while the case proceeds. Kalshi must use a state-licensed geolocation provider or face $500,000 per day of noncompliance, with the broader federal jurisdiction fight left unresolved.
Detected & updated continuously · Source: Nebula
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@crowdfundinside
Kalshi still cannot offer sports prediction contracts in Michigan. A circuit judge converted the freeze into a preliminary injunction while the case proceeds. https://t.co/rxSnjh2yzf
@CryptoSlate
Kalshi must block Michigan users from sports event contracts under a preliminary injunction. It must use a state-licensed geolocation provider or face $500,000 for each day of noncompliance. The state order leaves the broader federal jurisdiction fight unresolved.