Even Temporarily Blocking Election Contracts Risks ‘Irreparable’ Harm, Kalshi Argues
Kalshi wants an appeals court to let it trade political prediction markets while the CFTC appeals its court loss.
Kalshi wants an appeals court to let it trade political prediction markets while the CFTC appeals its court loss.
Contracts offered to U.S. customers on who will control Congress only traded a few hours before being halted pending the appeal.
The agency says it can’t make “an informed decision” about whether to appeal the judge’s decision in Kalshi’s favor until it knows her as-yet-unpublished rationale.