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CFTC Orders Kalshi to Honor Trades a Michigan Court Told It to Cancel

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The U.S. Commodity Futures Trading Commission ordered KalshiEX, LLC to fulfill trades that a Michigan state court had directed the prediction-market operator to cancel, escalating a fight over whether states can reach into federally regulated derivatives venues. In Release Number 9267-26, dated… Read the full story at The Defiant

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