Louisiana AG Challenges CFTC Chief as Prediction Market Feud Escalates
Louisiana Attorney General Liz Murrill accused CFTC Chairman Michael Selig of making “flatly false statements” over prediction markets. Her comments followed a federal lawsuit seeking to prevent Louisiana from restricting platforms such as Kalshi. Murrill argued that states have regulated gambling for 250 years. However, Selig maintains that event contracts fall under federal oversight and […]
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