U.S. Election Betting: Federal Court 'Erred' in Letting Kalshi Launch Prediction Markets, CFTC Says

A federal judge "erred" in letting prediction market purveyor Kalshi list and trade election contracts, attorneys for the U.S. Commodity Futures Trading Commission argued in a brief to an appellate court Wednesday, reiterating many of the arguments it made during its case before the lower court. source: https://www.coindesk.com/policy/2024/10/17/us-election-betting-federal-court-erred-in-letting-kalshi-launch-prediction-markets-cftc-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines