The CFTC and DOJ sued Utah in federal court, arguing the Commodity Exchange Act overrides state gambling laws for CFTC-regulated prediction markets like Kalshi.
the-cftc-and-doj-sued-utah-in-federal-court-arguing-the-commodity-exchange-act-overrides-state-gambling-laws-for-cftc-regulated-prediction-markets-like-kalshi

The CFTC and DOJ sued Utah in federal court, arguing the Commodity Exchange Act overrides state gambling laws for CFTC-regulated prediction markets like Kalshi.