Federal Judge Temporarily Halts Tennessee's Bid to Shut Down Kalshi Sports Contracts

Federal judge temporarily halts Tennessee's bid to shut down Kalshi sports contracts

A new ruling freezes a state cease-and-desist order while the court considers whether Kalshi’s CFTC-regulated platform is shielded from state gambling laws.

Kalshi wins temporary shield as Tennessee court halts crackdown on sports markets

A federal judge has temporarily blocked Tennessee officials from enforcing a cease-and-desist order against prediction market operator Kalshi, according to court documents filed Monday. U.S. District Judge Aleta Trauger granted Kalshi a temporary restraining order (TRO) that bars the Tennessee…

Court blocks Tennessee from taking action against Kalshi

A federal judge in Tennessee has temporarily blocked state regulators from enforcing a cease-and-desist order against the prediction markets platform Kalshi.  In the order issued Monday by US District Judge Aleta Trauger, Kalshi’s request for a preliminary injunction and temporary restraining order has been granted while the case proceeds.  The Tennessee Sports Wagering Council and the state attorney general tried taking enforcement action again…

Court temporarily stops Tennessee from taking action against Kalshi

Kalshi is free to continue operating in Tennessee for now, as a federal judge blocked state regulators from taking action after the prediction market …

Tennessee Cracks Down on Prediction Markets, Ordering Polymarket, Kalshi and Crypto.com to Halt Sports Contracts

TLDR: The Tennessee Sports Wagering Council issued cease-and-desist letters to Polymarket, Kalshi, and Crypto.com. Kalshi has responded with a federal lawsuit against the state, alleging a lack of legal jurisdiction. Platforms argue they operate federally regulated event contracts, not state-level gambling. The state of Tennessee has launched a regulatory offensive against the digital betting sector. The state’s Sports Wagering Council has orde…

Kalshi Files Lawsuit in Tennessee Over Sports Event Contract C&D

Kalshi has filed a lawsuit against the Tennessee Sports Wagering Council The Tennessee Sports Wagering Council recently filed a cease-and-desist against the company regarding its sports event contracts Kalshi filed the lawsuit in the U.S. District Court for the Middle District of Tennessee Kalshi has fired back against the Tennessee Sports Wagering Council’s cease-and-desist notice regarding the company’s sports event contracts. The company file…