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CFTC Sues Utah to Block Prediction-Market Enforcement

The Defiant·October 27, 2026·1 min read
CFTC Sues Utah to Block Prediction-Market Enforcement

The CFTC filed a federal complaint targeting Utah's case against Kalshi and Susquehanna, seeking to bar investigations as well as enforcement against federally regulated markets. The lawsuit aims to block state-level action against prediction market operators, asserting federal jurisdiction over these regulated trading venues.

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