3 outlets·3 reports
New York alleges Kalshi is running an 'illegal gambling operation' in new lawsuit
ThinkingNews Desk · how this was written
New York has filed a lawsuit accusing Kalshi of operating an illegal gambling operation in violation of state gambling laws. The Commodity Futures Trading Commission responded by filing an emergency motion to halt the state’s enforcement action, describing the lawsuit as an overreach of regulatory authority.
Written from all 3 reports below, not from any single one.
How it was reported
- TechMeme·New York sues Kalshi for alleged violations of its gambling laws; the CFTC files an emergency motion to stop the state's enforcement, calling it an "overreach" (Jonathan Stempel/Reuters)
- The Verge·New York sues Kalshi for allegedly running an ‘illegal gambling operation’
- Engadget·New York alleges Kalshi is running an 'illegal gambling operation' in new lawsuit
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