Prediction market company Kalshi should be allowed to list and trade its new political contracts while the U.S. Commodity Futures Trading Commission appeals its court loss, the company said in a filing Friday.

Kalshi, which won a significant victory in court last week when a federal judge ruled its political prediction markets should be allowed to trade in the U.S., said the CFTC wouldn't suffer any major harm if its new contracts were allowed to trade during the appeal process, but the company would "suffer substantial – indeed, irreparable – harm" if it's blocked from letting people bet on the outcome of the 2024 elections.

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