​CFTC Submits Emergency Motion To Block Kalshi’s Election-Betting Contracts – Tyler Durden

CFTC Submits Emergency Motion To Block Kalshi’s Election-Betting Contracts Authored by Ciaran Lyons via CoinTelegraph.com, The United States regulator has urgently filed an emergency motion to block Kalshi, a US prediction market, from offering election betting contracts. The submission comes just hours after the judge’s decision to overturn a previous order halting Kalshi’s election markets. According to a Sept. 6 court filing, the US Commodity Futures Trading Commission’s (CFTC) requested an “emergency stay” of the court’s decision that overturned its order to prohibit Kalshi from listing its election contracts for trading. CFTC unable to make informed decision without court’s reasoning The…  — Continue at ZeroHedge News : Read More