By The Weekly Edge desk ·
New York’s attorney general’s office accused the CFTC of using an emergency order to promote Kalshi’s interests in litigation nationwide, SBC Americas reported. The office made the allegation in a letter dated 31 August to a US District Court.
New York’s attorney general’s office challenges the CFTC’s emergency order as promoting Kalshi’s interests in nationwide litigation.
Request a correction / right of reply
Linked through shared companies, regulators and people, or one step further through the graph.
The partnerships give the tribes customer-facing apps while Kalshi operates the underlying exchange and settles transactions.
Four additional tribal agreements give tribes app ownership and customer management while Kalshi supplies exchange services.
Kalshi’s sponsorships expand MLB prediction market partnerships, with four new partners playing in states that prohibit sports betting.
The agreements give Kalshi advertising exposure and fan engagement opportunities across five MLB teams.
The case could affect whether states can regulate sports prediction markets and the safeguards operators face.
Prediction market exchanges face a CFTC warning about manipulation risks involving public figures’ statements or actions.