iGamingWire
RegulationGamblingNews · Aug 27

Attorney Criticized CFTC for Greenlighting Kalshi in Defiance of New York Court Order

By Stefan VelikovAugust 27, 2026

The brief

Earlier this month, the Commodity Futures Trading Commission (CFTC) invoked its emergency authority to order prediction market operator Kalshi to continue operating despite a New York lawsuit seeking to shut down its event contracts. However, this has resulted in Joe Webster, a partner at Hobbs Strauss, criticizing th…

Original report

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