CFTC Pleads With Judge to Block Kalshi Election Contracts for 14 Days
The agency says it can't make "an informed decision" about whether to appeal the judge's decision in Kalshi's favor until it knows her as-yet-unpublished rationale.
Hours after losing a long-running court case filed by U.S. prediction market platform Kalshi, regulators are making a hail Mary pass.
Late Friday, the Commodity Futures Trading Commission filed...