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Second Circuit denies Kalshi and Coinbase temporary protection from state enforcement in New York and Connecticut, NewsBetting reports
- Second Circuit denies Kalshi and Coinbase temporary protection from state enforcement in New York and Connecticut, NewsBetting reports — A three-judge panel of the U.S. Court of Appeals for the Second Circuit declined on November 3 to block New York and Connecticut officials from enforcing gambling laws against the companies' sports contracts while their appeals proceed. The two-page order said the companies had not shown sufficient grounds for temporary protection, and it does not resolve the underlying cases or force either platform to halt trading. (NewsBetting)
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