12.08.2026 Washington invokes emergency powers to keep Kalshi trading as New York seeks $36bn
Matthias Knab, Opalesque for New Managers:

The U.S. Commodity Futures Trading Commission has invoked its statutory emergency powers to order prediction market exchange KalshiEX LLC to keep operating, after the New York Attorney General asked a state court to shut it down and sought more than $36 billion in damages.

The order, issued on August 11, directs Kalshi to continue performing its fu

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