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New York Sues Kalshi for $36B, CFTC Defends Company With Restraining
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New York Sues Kalshi for $36B, CFTC Defends Company With Restraining

New York's Governor and Attorney General have filed a lawsuit against Kalshi, seeking $36 billion in damages.

New York's Governor and Attorney General have filed a lawsuit against Kalshi, seeking $36 billion in damages.

The Commodity Futures Trading Commission (CFTC) is defending the company, filing its own motion for a temporary restraining order to prevent New York's enforcement action. New York's lawsuit comes swiftly after the Second Circuit denied Kalshi an injunction.

By Editorial profile image Editorial
Updated on
Regulation New York Kalshi CFTC Lawsuit