TREE NEWS update: New Jersey Attorney General Jennifer Davenport and acting gaming enforcement chief Mary Jo Flaherty filed a petition asking the U.S. Supreme Court to review their enforcement action against prediction market Kalshi over sports event contracts. The petition cites civil cases from at least 20 state gaming regulators and argues Kalshi may still violate state law despite CFTC compliance. It challenges an April 2-1 ruling by the Third Circuit. Kalshi spokesperson Dani Lever said the company disagrees with the appeal and maintains confidence in the lower court decision.
New Jersey asks Supreme Court to hear Kalshi sports contracts case
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
1h ago
FinCEN: $13B in crypto scams tied to non-US operations
2h ago
Robinhood Defies AMC Over Stock Tokens, Says ‘Send Your Lawyers’
3h ago
OpenReserve gets preliminary OCC nod for US national bank
3h ago
A16z-Backed OpenReserve Gets Full National Bank Approval
3h ago
US Sheriffs Group Steps Back to Neutral on CLARITY Act
3h ago
Cornell: Tax Exemption for Small Crypto Trades Could Add $859M Revenue