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Arkansas sues Kalshi, accusing it of operating an unregulated gambling platform, Decrypt reports
- Arkansas sues Kalshi, accusing it of operating an unregulated gambling platform, Decrypt reports — Arkansas Attorney General Tim Griffin filed a lawsuit against KalshiEX LLC and Kalshi Inc. alleging violations of the Arkansas Deceptive Trade Practices Act. Kalshi, which is regulated by the Commodity Futures Trading Commission, has argued in other cases that its event contracts fall under exclusive federal jurisdiction and are not subject to state gambling laws. (Decrypt)
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