CFTC Sues New Mexico in Ongoing Prediction Markets Legal Battle
The Commodity Futures Trading Commission (CFTC) sued the state of New Mexico on Friday, adding another layer to the legal battle over prediction markets.
New Mexico
New Mexico Joins Lawsuit Against Kalshi Over Sports Contracts
New Mexico Attorney General Raúl Torrez filed a state court lawsuit against Kalshi, accusing the prediction market platform of offering illegal online sports betting contracts.
Kalshi Faces New Legal Battles in New Mexico and Kentucky
Kalshi’s legal team continues to have a heavy workload as the prediction market’s proceedings expand with new lawsuits in New Mexico and Kentucky.