Federal Judge Blocks Minnesota Prediction Market Ban

Federal Judge Blocks Minnesota Prediction Market Ban

U.S. District Judge Katherine Menendez enjoined Minnesota Statute 609.7615 on July 27, five days before its Aug. 1 effective date. The order protects only CFTC-registered exchanges and found the state law likely preempted for contracts qualifying as federal swaps. Kalshi told the court it had … Read more