New Jersey has thrown down a legal gauntlet that could reshape how the entire country treats online betting on sports outcomes. The …
Court
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Regulation
Federal Courts Now Disagree on Kalshi’s Sports Contracts. New Jersey Wants the Supreme Court to Settle the Fight
by shayaanby shayaanIt is the first time either side of the dispute has asked the justices to step in, and the timing is not …
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New Jersey petitioned for a writ of certiorari in Kalshi’s case against it last week, finally throwing the ball to the high …
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Prediction market Kalshi won’t let you bet on whether New Jersey’s case against it will reach the US Supreme Court, or what …
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Markets
New Jersey becomes first state to ask Supreme Court to weigh in on prediction markets
by shayaanby shayaanAfter multiple appeals courts ruled differently about whether states can crack down on prediction markets’ sports products, New Jersey asked SCOTUS to …
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Regulation
Court Orders YouTuber Choi to Repay Full Investment in Golden Goal Coin Civil Case
by shayaanby shayaanA South Korean court has ordered YouTuber Choi Seung-jung to repay a victim’s full 20 million won (approximately $14,800) investment plus interest …
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Markets
Kalshi takes legal blow in court ruling confirming state powers over prediction markets
by shayaanby shayaanThis latest U.S. appeals court ruling sets up a rift between federal courts on event contracts, suggesting the U.S. Supreme Court may …
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Kalshi has blocked customers in Washington while asking a King County judge to reconsider an injunction restricting its prediction markets. The Aug. …
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Markets
Binance Theft Lawsuit Can Proceed In Federal Court, Appeals Panel Rules
by shayaanby shayaanA US appeals court has allowed a proposed Binance-related theft lawsuit to proceed in federal court, rejecting a lower-court order that had …
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Regulation
Court Clears $130M Ripple Share Sale as Galaxy Digital Leads Institutional Buying
by shayaanby shayaanLinqto has received U.S. Bankruptcy Court approval to sell approximately $130 million worth of private Ripple shares. The pre-IPO investment platform continues …