New York sues Kalshi over alleged illegal gambling operation

The lawsuit adds to a growing clash between New York and the CFTC over whether federally regulated prediction markets are subject to state gambling laws.
Source: New York sues Kalshi over alleged illegal gambling operation (https://cointelegraph.com/news/new-york-sues-kalshi-gambling-operation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)