Washington Judge Rejects Kalshi’s Federal Defense, Grants State Injunction

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Washington Judge Rejects Kalshi’s Federal Defense, Grants State InjunctionA Washington state judge has granted a preliminary injunction against Kalshi after rejecting its argument that federal commodities law overrides state gambling rules. The court found Washington is likely to prove its claims, but will not finalize the restrictions imposed on the prediction market until August.   Court Says Federal Registration Does Not Displace State […]

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