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CFTC sues Utah over Kalshi enforcement in its tenth state jurisdiction case, CoinCentral reports
- CFTC sues Utah over Kalshi enforcement in its tenth state jurisdiction case, CoinCentral reports — The CFTC filed suit in federal court in Utah arguing the Commodity Exchange Act gives it exclusive authority over event contracts traded on registered exchanges. Utah had moved against Kalshi seeking up to 60 million dollars in profits it says were earned illegally. (CoinCentral)
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