Kalshi, which gained a big victory in court docket final week when a federal decide dominated its political prediction markets must be allowed to commerce within the U.S., mentioned the CFTC would not undergo any main hurt if its new contracts had been allowed to commerce in the course of the enchantment course of, however the firm would “undergo substantial – certainly, irreparable – hurt” if it is blocked from letting individuals wager on the result of the 2024 elections.
Even Briefly Blocking Election Contracts Dangers ‘Irreparable’ Hurt, Kalshi Argues
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