Wisconsin attorney general Josh Kaul takes on Kalshi

Wisconsin Attorney General Josh Kaul is taking on prediction market platform Kalshi, according to a Facebook post from radio station WTMJ. The post references a lawsuit Kaul filed against the GOP-led Legislature, and notes that the state supreme court, which has a 4-3 liberal majority, ruled in Kaul's favor yesterday. The connection between that ruling and Kalshi is not explained in the available text.

State-level legal action involving Kalshi signals potential new front of regulatory pressure beyond federal CFTC oversight, though the specific claims and requested relief remain unclear from this snippet.