Appeals court denies Kalshi request to block Nevada enforcement action

Appeals court denies Kalshi request to block Nevada enforcement action

0.71%TRX$0.303 0.11%BCH$462.82 1.99%DOGE$0.09387 0.59%XLM$0.1664 0.50%ETH$2,129 1.86%BNB$641.10 0.75%SOL$88.73 0.98%HYPE$39.60 2.41%XMR$338.49 1.73%XRP$1.44 1.30%ADA$0.2686 0.22%BTC$70,314 0.19%USD Written by Brayden Lindrea,Staff WriterReviewed by Jesse Coghlan,Staff EditorAppeals court denies Kalshi request to block Nevada enforcement action1 hour agoUS gaming lawyer Daniel Wallach says a Nevada state court-issued restraining order against Kalshi appears imminent, preventing it from offering sports-related contracts. A federal appeals court has cleared Nevada state authorities to enforce a temporary restraining order against Kalshi, blocking its sports-event contracts. The Ninth Circuit Appeals Court on Thursday denied Kalshi’s emergency request to stay a lower court proceeding, meaning the case returns to federal court and allows Nevada regulators to take action. Gaming lawyer Daniel

Source: https://cointelegraph.com/news/appeals-court-denies-kalshi-s-bid-to-stave-off-ban-in-nevada?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound