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Nov 13, 2026

DOJ and CFTC sue Arkansas to block state enforcement against Kalshi

The US Department of Justice and CFTC filed a federal lawsuit against Arkansas Attorney General Tim Griffin to block the state's enforcement action against prediction market platform Kalshi, asserting federal preemption over event contracts.

Nov 13, 2026·3 sources
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Top claims

  • ▪Arkansas Attorney General Tim Griffin sued Kalshi Inc. and KalshiEX LLC, claiming Kalshi operates an illegal gambling platform in violation of the state's Deceptive Trade Practices Act
  • ▪Louisiana Attorney General Liz Murrill filed a lawsuit on November 12, 2026, seeking an immediate restraining order against prediction platforms including Kalshi, Polymarket, Robinhood, and Coinbase
  • ▪Louisiana Attorney General Liz Murrill stated on X that prediction market platforms have violated state laws with impunity for too long

Subtopics

Commodity Exchange Act1Commodity Futures Trading Commission1Crypto prediction markets1Crypto regulation1Crypto regulatory agencies1Federal agencies1Onchain prediction markets1Prediction markets1Robinhood1State politics1

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