Arizona’s Kalshi prosecution sparks federal lawsuit in escalating regulatory clash
State News – Arizona
Three weeks after Arizona filed criminal charges against online prediction market company Kalshi for allegedly violating the state’s gambling laws, the Trump administration sued the Grand Canyon State, saying it has no authority to regulate prediction markets. The lawsuit from the Commodity Futures Trading Commission, the federal agency that oversees prediction markets, accuses Arizona of […] Continue reading this story from the source →
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