U.S. Election Betting: Federal Court ‘Erred’ in Letting Kalshi Launch Prediction Markets,...

U.S. Election Betting: Federal Court ‘Erred’ in Letting Kalshi Launch Prediction Markets, CFTC Says

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Source: Coindesk.com

A federal judge "erred" in letting prediction market purveyor Kalshi list and trade election contracts, attorneys for the U.S. Commodity Futures Trading Commission argued in a brief to an appellate court Wednesday, reiterating many of the arguments it made before the lower court.

The district court judge overseeing Kalshi's suit against the CFTC ignored the definitions of

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The post "U.S. Election Betting: Federal Court 'Erred' in Letting Kalshi Launch Prediction Markets, CFTC Says" appeared first here Coindesk.com.

Source: Coindesk.com

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