CFTC directs Kalshi to defy federal court order, Common Dreams reports
Aug 13, 2026 18:15:38
The Commodity Futures Trading Commission has instructed prediction market platform Kalshi to violate a federal court order, according to a Common Dreams report published Thursday. The article frames the agency action as 'lawlessness' by a Trump administration agency. One critic quoted in the piece characterized the CFTC's move as instructing the prediction market giant to defy judicial authority.
A federal regulator directing a CFTC-regulated platform to ignore a court order would create a direct constitutional clash between administrative and judicial authority, with immediate compliance risk for Kalshi and precedent implications for how event-contract platforms respond to conflicting government directives.
Source: PREDICTION_NEWS