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Second Circuit denies Kalshi and Coinbase an injunction pending appeal in the New York and Connecticut prediction market cases, Unchained reports
- Second Circuit denies Kalshi and Coinbase an injunction pending appeal in the New York and Connecticut prediction market cases, Unchained reports — Unchained, published at 9:32 AM ET on November 4, reports a two-page order on Tuesday from Judges Walker, Jacobs and Bianco saying the companies failed to make the required showing for an injunction pending appeal in three cases considered together. The order does not rule on federal preemption or on contracts already open, the appeals remain pending, and New York's damages claim could total at least 36 billion dollars. (Unchained)
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