​CFTC Says Court “Erred At Every Turn” In Allowing Kalshi’s Election Markets – Tyler Durden

CFTC Says Court “Erred At Every Turn” In Allowing Kalshi’s Election Markets Authored by Tom Mitchelhill via CoinTelegraph.com, The district court judge overseeing betting market Kalshi’s suit against the United States Commodities Futures Trading Commission “erred at every turn” when it allowed the platform to list and trade election odds, the regulator says. In an Oct. 16 filing to a Washington, DC, appeals court, the CFTC said a federal court ignored the “plain meaning” of terms under the Commodity Exchange Act (CEA) and prevented the regulator “without basis” from properly examining certain kinds of transactions.  The regulator argued the court “mistakenly erred”…  — Continue at ZeroHedge News : Read More