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Michigan pursues Kalshi ban with preliminary injunction and penalties up to 500,000 dollars per day, BitRss reports
- Michigan pursues Kalshi ban with preliminary injunction and penalties up to 500,000 dollars per day, BitRss reports — Michigan Attorney General Dana Nessel said the Circuit Court for the 30th Judicial Circuit in Ingham County approved a preliminary injunction blocking Kalshi from offering event contracts to Michigan residents, following a June temporary restraining order. Kalshi could face penalties of up to 500,000 dollars per day for violating the order, as New Jersey simultaneously moved to ask the US Supreme Court to weigh in on the jurisdictional dispute. (BitRss)
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