CFTC Countersues New Mexico Over Kalshi Sports Prediction Market Dispute

The U.S. Commodity Futures Trading Commission (CFTC) has filed a federal lawsuit against the state of New Mexico. It’s continuing a battle with the state over federally-regulated event markets, including sports-related prediction contracts provided by Kalshi. Ad Ad US CFTC Files Lawsuit Against New Mexico The CFTC’s lawsuit was filed in federal court Friday. It