Second Circuit Rejects Kalshi and Coinbase Injunctions in Prediction Market Case
The appellate ruling keeps the litigation over state-regulated event contracts alive and denies the two firms interim protection from state enforcement.
Read at Betting News →Full coverage · 7 outlets
- Betting News · lead
- DeFi RateKalshi Second Circuit Injunction Denial Clears Lawsuits to Continue
- The DefiantCoinbase, Kalshi Denied Shield From State Prediction-Market Enforcement
- Gaming AmericaNew York and Connecticut Could Block Kalshi Sports Markets By Early 2027 After Latest Ruling
- Times UnionState suit calls Kalshi prediction markets unlicensed, illegal gambling
- https://www.ingame.com/Second Circuit Denies Kalshi Injunction After Judges Doubt Sports Contracts Are Swaps
- Gambling.comSecond Circuit Refuses Kalshi And Coinbase Injunction In New York And Connecticut