Lawyers Say CFTC Overstepped by Ordering Kalshi to Keep Operating Amid State Gambling Fights
Attorneys Joe Webster and Scott Crowell say the CFTC's August 11 emergency order directing Kalshi to keep offering event contracts…
Tag: CFTC
Connecticut Sues Kalshi Over Sports Event Contracts, Then Kalshi Removes Case to Federal Court
Connecticut filed suit against Kalshi on Aug. 26 in Hartford Superior Court, calling its sports event contracts unlicensed gambling and…
Connecticut Sues Kalshi to Block Sports Event Contracts as Federal Fight Moves to Second Circuit
Connecticut filed suit against Kalshi in Hartford Superior Court on August 26, 2026, seeking to bar its sports event contracts…
Connecticut Sues Kalshi to Block Sports Event Contracts After Federal Injunction Denial
Connecticut AG William Tong sued Kalshi on Aug. 27, 2026, seeking to bar its sports event contracts as unlicensed betting,…
Connecticut Sues Kalshi After Federal Court Rejects Sports-Contract Injunction
Connecticut AG William Tong filed suit against KalshiEX in Hartford Superior Court on August 26, seeking a permanent bar on…
CFTC Order Keeps Kalshi Trading as New York Seeks More Than $36 Billion
The CFTC invoked emergency authority on August 11 to direct Kalshi to continue operating in New York, two weeks after…
Polymarket US Certifies NFL Player-Participation Contracts Before Final CFTC Rule 40.11 Action
Polymarket listed markets tied to NFL player availability for Week 1 of the 2026 season via CFTC self-certification, even as…
Armstrong Sees 60 Votes for CLARITY Act as Kalshi Traders Price a Narrower Senate Path
Coinbase CEO Brian Armstrong says the CLARITY Act will clear the Senate's 60-vote cloture threshold on Sept. 15, but Kalshi's…
Kalshi Signs Five MLB Team Deals as Baseball Contracts Near 13 Billion
Kalshi has struck multi-year brand deals with the Atlanta Braves, Los Angeles Dodgers, Boston Red Sox, San Diego Padres, and…
Better Markets Urges SEC Oversight of Corporate KPI Contracts as Cboe and Kalshi Press Rival Paths
Better Markets filed a comment letter August 25 urging the SEC to assert regulatory authority over prediction-market contracts tied to…