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CFTC sues Utah to block action against prediction markets

The US state filed a lawsuit against Kalshi last week, seeking to recover up to $60 million in profits related to event contracts on prediction markets.

The US state filed a lawsuit against Kalshi last week, seeking to recover up to $60 million in profits related to event contracts on prediction markets.

Read the full story at cointelegraph.com: https://cointelegraph.com/news/cftc-lawsuit-utah-action-prediction-markets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Source: cointelegraph.com

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