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New York Seeks $36 Billion From Kalshi, Which Calls the Suit Political Theater
FG
FOMOGRAM Editorial Desk
Aug 3, 2026
EXECUTIVE SUMMARY
The state wants an injunction shutting Kalshi's prediction market down plus triple its New York gains, and the company says only the CFTC can regulate it.
The state wants an injunction shutting Kalshi's prediction market down plus triple its New York gains, and the company says only the CFTC can regulate it.
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