Kalshi, which gained a major victory in court docket final week when a federal choose dominated its political prediction markets must be allowed to commerce within the U.S., stated the CFTC would not undergo any main hurt if its new contracts have been allowed to commerce through the enchantment course of, however the firm would “undergo substantial – certainly, irreparable – hurt” if it is blocked from letting folks guess on the result of the 2024 elections.
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