PolicyThe Blockabout 1 hour ago
Louisiana Sues Kalshi, Robinhood Over Prediction Markets
2 min read
Louisiana Attorney General Liz Murrill filed a lawsuit on Thursday against prediction market platforms including Kalshi, Robinhood, Polymarket, Forecastex, Crypto.com, Coinbase, Novig, Underdog, Gemini and Prophetx. The state seeks an immediate restraining order and injunction, joining 10 other states in challenging federal jurisdiction over the industry. Platforms argue the Commodity Futures Trading Commission should regulate them exclusively.
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