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Coinbase Loses Michigan Prediction Markets Round as Judge Calls Its Case ‘Applesauce’

Unchained·August 7, 2026·1 min read
Coinbase Loses Michigan Prediction Markets Round as Judge Calls Its Case ‘Applesauce’

A federal judge refused to shield the Kalshi sports contracts Coinbase sells from Michigan's betting law, quoted the Third Circuit's opposite conclusion, and declined to follow it. The post Coinbase Loses Michigan Prediction Markets Round as Judge Calls Its Case ‘Applesauce’ appeared first on Unchained.

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