Only Congress Can Ban Election Betting, Kalshi Tells Appeals Court in New Filing
Submitted by Anonymous (not verified) on Mon, 11/18/2024 - 21:00
The U.S. Commodity Futures Trading Commission (CFTC) may not like election betting, but only Congress — not the regulator — has the authority to ban it, embattled prediction market purveyor Kalshi argued in a Friday court filing.