{"id":629503,"date":"2026-07-15T05:52:48","date_gmt":"2026-07-15T05:52:48","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/07\/15\/kalshi-says-cftc-michigan-orders-leave-it-in-impossible-position\/"},"modified":"2026-07-15T05:52:48","modified_gmt":"2026-07-15T05:52:48","slug":"kalshi-says-cftc-michigan-orders-leave-it-in-impossible-position","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/07\/15\/kalshi-says-cftc-michigan-orders-leave-it-in-impossible-position\/","title":{"rendered":"Kalshi says CFTC, Michigan orders leave it in \u2018impossible position\u2019"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/court-vs-kalshi-2.jpg\" alt=\"Kalshi says CFTC, Michigan orders leave it in \u2018impossible position\u2019\" class=\"type:primaryImage\" \/><\/p>\n<p>\u201cWe are disappointed by this decision and believe it is unfair to Kalshi,\u201d the company\u2019s legal counsel said on X. <\/p>\n<p>Kalshi says it is being put in an \u201cimpossible position\u201d after the US commodities regulator on Tuesday said it was blocking the prediction market platform from canceling trades in Michigan, contradicting a recent state court order.<\/p>\n<p>On June 29, <a href=\"https:\/\/cointelegraph.com\/news\/michigan-judge-blocks-kalshi-sports-bets\"><span>Kalshi was ordered<\/span><\/a> by Ingham County Circuit Court Judge Rosemarie Aquilina to cease offering sports betting contracts to Michigan users while a lawsuit over whether Kalshi violated the state\u2019s sports betting laws plays out. The Commodity Futures Trading Commission <a href=\"https:\/\/www.cftc.gov\/PressRoom\/PressReleases\/9267-26\"><span>ordered<\/span><\/a> Kalshi on Tuesday not to comply with the state order and continue operating.<\/p>\n<p>\u201cWe are disappointed by this decision and believe it is unfair to Kalshi,\u201d Robert DeNault, the company\u2019s head of enforcement and legal counsel <a href=\"https:\/\/x.com\/robertjdenault\/status\/2077169529684164671?s=20\"><span>said<\/span><\/a> in a statement on X.\u00a0<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/kalshi-says-cftc-michigan-orders-leave-it-in-impossible-position\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>\u201cWe are disappointed by this decision and believe it is unfair to Kalshi,\u201d the company\u2019s legal counsel said on X. Kalshi says it is being put in an \u201cimpossible position\u201d after the US commodities regulator on Tuesday said it was blocking the prediction market platform from canceling trades in Michigan, contradicting a recent state court [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":629504,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-629503","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/629503","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=629503"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/629503\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/629504"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=629503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=629503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=629503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}