The regulator claims the dispute is “much ado about nothing,” noting that the order allows any designated contract market, including CME, to …
Judge
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In brief Ingham County Circuit Judge Rosemarie Aquilina granted Michigan a preliminary injunction against Kalshi, signed Tuesday. Kalshi must run geolocation through …
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Regulation
Why Did a Judge Just Kill the Trump Administration’s Anthropic Ban?
by shayaanby shayaanA Blunt Rebuke From the Bench U.S. District Judge Rita Lin of the Northern District of California handed down a permanent injunction …
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A federal judge has allowed parts of an investor class-action lawsuit against Coinbase and certain executives to proceed, keeping allegations over risk …
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Not Swaps, and Not Preempted Even If They Were U.S. District Judge Vernon D. Oliver’s ruling rests on a threshold point rather …
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Adoption
Federal Judge Blocks Minnesota’s First-of-its-Kind Prediction Market Ban
by shayaanby shayaanMinnesota’s attempt to become the first state to outlaw prediction markets hit a swift legal wall on Monday when a federal judge …
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Regulation
Judge lets Terraform use Jump lawsuit evidence while blocking four late creditor claims
by shayaanby shayaanTerraform Labs’ bankruptcy court cleared the Plan Administrator to use Jump Trading documents in a lawsuit seeking at least $4 billion while …
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A federal judge has denied Michelle Bond’s attempt to dismiss campaign finance charges connected to alleged FTX-linked political contributions, keeping another piece …
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Scams
Michigan Federal Judge Rules Sports Prediction Markets Are Not Under CFTC Purview
by shayaanby shayaanIn brief A Michigan federal judge ruled sports prediction markets are not CFTC-regulated swaps, siding with state regulators over Polymarket. The court …
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Smart Contracts
Elon Musk Loses Again to OpenAI as Judge Dismisses xAI Trade Secret Lawsuit
by shayaanby shayaanIn short A federal judge dismissed xAI’s trade secret lawsuit against OpenAI without leave to amend. Judge Rita Lin ruled that xAI …