Law
fromnews.bitcoin.com
3 days ago'We Will See You in Court': CFTC Defends Jurisdiction in Massachusetts Kalshi Case
CFTC asserts exclusive authority over prediction markets, warning states of legal challenges to maintain federal oversight.
Nevada officials want a federal judge to send their lawsuit against KalshiEX, LLC back where it started, in state court. In an emergency motion filed Wednesday (February 18) in the U.S. District Court for the District of Nevada, the State of Nevada, acting through the Nevada Gaming Control Board, asked Chief U.S. District Judge Andrew P. Gordon to remand the case after Kalshi removed it from state court.