By suing first, Kalshi controls the narrative to focus on federal preemption rather than contract legality, Decrypt was told.

On October 24, New York's gaming commission ordered Kalshi to shut shop. Kalshi says the CFTC, not state authorities, ...

Kalshi sues New York over sports prediction market shutdown, claiming federal derivatives authority preempts state gambling ...

Kalshi, a federally regulated trading platform for event contracts, has sued the New York State Gaming Commission after the ...

New York became the latest state to start a legal fight with Kalshi after the regulators sent a cease-and-desist letter to ...

Kalshi argues that the CFTC has exclusive jurisdiction over derivatives on federally regulated exchanges, and state ...

Prediction market Kalshi filed a lawsuit against a New York state regulator after it was ordered to stop offering ...

Event-betting platform Kalshi has sued New York state regulators for overreach, staging a preemptive strike weeks after Crypto.com lost a similar case in Nevada.

Kalshi has sued the New York State Gaming Commission following a cease-and-desist order on its sports betting activities.

Kalshi has filed a lawsuit in New York federal court on Monday seeking a preliminary injunction, a temporary restraining order, and declaratory relief after the New York State Gaming Commission i ...

KalshiEX LLC sued New York’s gaming commission Monday, adding to a slew of litigation in which the prediction market platform ...