RegulationCasinoBeats · 4h ago
New York Sues Kalshi for $36B, CFTC Defends Company With Restraining Order
By Adam Roarty•July 31, 2026
The brief
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 afte…
Original report
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