RWATimes on Nostr: 📰 New York Sues Kalshi as Legal Pressure on Prediction Markets Intensifies 🗓️ ...
📰 New York Sues Kalshi as Legal Pressure on Prediction Markets Intensifies
🗓️ Jul 31 2026 10:55 UTC
New York has filed a lawsuit against Kalshi, accusing it of operating illegal gambling products without a state license.
➤ New York has filed a lawsuit against Kalshi, accusing it of operating illegal gambling products without a state license.
➤ The lawsuit centers on whether event contracts offered by Kalshi are considered federally regulated derivatives or unlicensed gambling under New York law.
➤ This action is part of a broader regulatory and jurisdictional dispute involving prediction markets like Kalshi and Polymarket, with similar actions taken against other platforms and bans in international jurisdictions.
#kalshi #newyork #predictionmarkets #eventcontracts #gambling #cftc #commoditieslaw #jurisdictionaldispute #polymarket #legalpressure
🔗 Read more at:
https://rwatimes.io/articles/coinmarketcap-new-york-sues-kalshi-as-legal-pressure-on-prediction-markets-intensifies-953209446Published at
2026-08-01 08:47:30 UTCEvent JSON
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"content": "📰 New York Sues Kalshi as Legal Pressure on Prediction Markets Intensifies\n🗓️ Jul 31 2026 10:55 UTC\n\nNew York has filed a lawsuit against Kalshi, accusing it of operating illegal gambling products without a state license.\n\n➤ New York has filed a lawsuit against Kalshi, accusing it of operating illegal gambling products without a state license.\n➤ The lawsuit centers on whether event contracts offered by Kalshi are considered federally regulated derivatives or unlicensed gambling under New York law.\n➤ This action is part of a broader regulatory and jurisdictional dispute involving prediction markets like Kalshi and Polymarket, with similar actions taken against other platforms and bans in international jurisdictions.\n\n#kalshi #newyork #predictionmarkets #eventcontracts #gambling #cftc #commoditieslaw #jurisdictionaldispute #polymarket #legalpressure\n\n🔗 Read more at: https://rwatimes.io/articles/coinmarketcap-new-york-sues-kalshi-as-legal-pressure-on-prediction-markets-intensifies-953209446",
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