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.
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WorldPingThe CFTC flexed its emergency authority and ordered Kalshi to keep operating after the platform was sued last month in New York.
Brief by WorldPing · Original reporting by 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
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
A Texas judge backed a decision to remove a Tulsa, Oklahoma, team from the Southwest Region and keep it from playing in Tuesday's title game for a spot in the Little League Baseball World Series, according to a statement from a Little League spokesperson.
Brief by WorldPing · Original reporting by ESPN
Article URL: https://www.cftc.gov/PressRoom/PressReleases/9281-26 Comments URL: https://news.ycombinator.com/item?id=49266277 Points: 87 # Comments: 49…
Brief by WorldPing · Original reporting by Hacker News
The worst earthquake on record hit Colombia on Monday, measuring a magnitude of 7.4. Colombia's new president, Abelardo de la Espriella, said at least 181 people are dead, with hundreds more missing. Lilia Luciano reports from Colombia.
Brief by WorldPing · Original reporting by CBS News
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