US federal judge in Tennessee grants Kalshi preliminary injunction to offer sports-event contracts during litigation. Ruled as 'swaps' under CEA, signaling CFTC exclusive jurisdiction. State agency dismissed on immunity; $500K bond required. #CFTC #Kalshi
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US federal judge in Tennessee grants Kalshi preliminary injunction to offer sports-event contracts during litigation. Ruled as 'swaps' under CEA, signaling CFTC exclusive jurisdiction. State agency dismissed on immunity; $500K bond required. #CFTC #Kalshi