PolyPunter Staff

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The PolyPunter staff works tirelessly to bring you the latest and most insightful news, information, and tips on the fast-growing economic, financial, and social phenomenon that is prediction markets.

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Kalshi Breaks Losing Streak with Tennessee Victory: Federal Court Rules Sports Contracts as Swaps in Prediction Markets Dispute

Kalshi secures a pivotal win in Tennessee federal court, granting a preliminary injunction against state regulators. The judge rules sports event contracts as “swaps” under CFTC jurisdiction, preempting local gambling laws. This contrasts losses in MD, MA, NV, highlighting judicial splits on congressional intent.

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