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US Justice Department and CFTC sue Arkansas attorney general over Kalshi action

NewsFeeds update

The US Justice Department and the CFTC have sued Arkansas attorney general Tim Griffin over his state-level enforcement action against prediction market platform Kalshi. The suit seeks to block future state actions against CFTC-regulated prediction markets.

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The story so far: Kalshi state gambling oversight case

Louisiana sued Kalshi, Robinhood, Coinbase and Gemini over state gambling law, and a court issued a temporary restraining order barring those firms from serving local users without state authorisation. The CFTC has now sued Louisiana to block the state from barring CFTC-regulated exchanges from offering event…

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  1. US Justice Department and CFTC sue Arkansas attorney general over Kalshi action

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