Kalshi, which gained a big victory in court docket final week when a federal decide dominated its political prediction markets needs to be allowed to commerce within the U.S., mentioned the CFTC would not undergo any main hurt if its new contracts have been allowed to commerce in the course of the enchantment course of, however the firm would “undergo substantial – certainly, irreparable – hurt” if it is blocked from letting folks guess on the end result of the 2024 elections.
