Legal Disputes stories

Aug 11, 2026

CFTC orders Kalshi to continue operating amid New York lawsuit

The CFTC invoked emergency authority to order prediction market Kalshi to keep operating after New York sued the platform over flight cancellation contracts.

Aug 11, 20263 sources

Kennedy Center ordered to pay $250,000 in legal fees to musician who canceled over Trump name change

A Washington judge ordered the Kennedy Center to pay more than $250,000 in legal fees to jazz musician Chuck Redd, who canceled his annual Christmas Eve concert after President Trump's name was added to the venue. The ruling follows the judge's earlier dismissal of the Kennedy Center's lawsuit against Redd in June.

Aug 11, 20265 sources

Top claims

▪The Commodity Futures Trading Commission invoked its emergency authority on August 11, 2026, ordering prediction market platform Kalshi to continue operating under its rules
▪New York Attorney General Letitia James sued Kalshi on July 31, 2026, alleging the platform operates an illegal, unlicensed gambling business by offering contracts tied to sports, elections, culture, and other events
▪The Commodity Futures Trading Commission stated that New York's requested temporary restraining order could prevent Kalshi from offering event contracts nationwide because the platform is based in New York

People involved

Donald Trump

Subtopics

Commodity Futures Trading Commission1 Crypto enforcement actions1 Crypto regulation1 Cultural institutions1 Prediction markets1 Trump administration1

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