fromwww.businessinsider.com
1 day agoArizona's criminal case against Kalshi was halted by a federal judge after the Trump administration stepped in
Federal Judge Michael Liburdi's decision to back the US Commodity Futures Trading Commission came after a week of arguments regarding the legality of prediction markets. A lawyer for the CFTC stated that a state criminal case would be a flawed approach to resolving contentious issues surrounding these markets.
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