CFTC Pulls New Mexico Into Prediction Markets Battle

Cointelegraph Staff

(05:54 AM UTC)

1 min read

Reviewed byOlivia Bennett

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New Mexico is the latest US state to be pulled into the Commodity Futures Trading Commission’s legal fight for its jurisdiction over prediction markets after the state sued Kalshi for allegedly offering illegal sports betting.

The CFTC said on Friday that it sued New Mexico Governor Michelle Lujan Grisham, state Attorney General Raúl Torrez, and members of the New Mexico Gaming Control Board in…

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Cointelegraph Staff · Cointelegraph

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