Federal Judge Permanently Blocks Arizona’s Criminal Case Against Kalshi on Preemption Grounds
Key Takeaways ▸ A federal decide completely blocked Arizona’s felony case in opposition to Kalshi, ruling that the CFTC’s unique jurisdiction over regulated derivatives exchanges preempts state playing legislation. ▸ The ruling is the primary everlasting injunction of the continued authorized battles, giving the CFTC stronger footing because it fights comparable battles in New York,…