Kalshi challenges New York's cease-and-desist order targeting its sports prediction markets, arguing the CFTC's federal jurisdiction over derivatives trading blocks state gambling enforcement.Kalshi challenges New York's cease-and-desist order targeting its sports prediction markets, arguing the CFTC's federal jurisdiction over derivatives trading blocks state gambling enforcement.

Kalshi Sues New York to ‘Protect’ Sports Prediction Markets

Kalshi challenges New York's cease-and-desist order targeting its sports prediction markets, arguing the CFTC's federal jurisdiction over derivatives trading blocks state gambling enforcement.

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