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CFTC Chairman Calls Utah Lawsuit Against Prediction Market Platform Kalshi "Blatant Overreach"
The Chairman of the U.S. Commodity Futures Trading Commission (CFTC) stated that Utah's lawsuit against prediction market platform Kalshi is a "blatant overreach." This follows a federal lawsuit that sought to block Utah's enforcement, but the state has already won a preliminary ruling against Kalshi.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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