Kalshi Aims To Move Massachusetts Lawsuit To Federal Court
NeutralSports

Kalshi is seeking to transfer its lawsuit from Massachusetts state court to federal court, arguing that the CFTC has exclusive jurisdiction over trading on registered exchanges.
Editor’s Note: This move is significant as it could impact how prediction markets operate and the regulatory landscape surrounding them. By shifting to federal court, Kalshi may aim for a more favorable legal environment.
— Curated by the World Pulse Now AI Editorial System