Kalshi faces temporary halt in Nevada as court grants restraining order

  • Nevada filed a two-week temporary restraining order on Friday against prediction market Kalshi, according to Wired and gaming lawyer Daniel Wallach
  • The dispute stems from a cease?and?desist order the Nevada Gaming Control Board issued to Kalshi last year, directing the platform to stop offering event?based contracts in the state.
  • At the federal level, the Commodity Futures Trading Commission, led by Chair Michael Selig, has increasingly asserted its authority over prediction markets.

 

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https://www.theblock.co/post/394535/kalshi-faces-temporary-halt-nevada-court-grants-restraining-order-reports