Kalshi and Coinbase win partial Illinois ruling on sports contracts

An Illinois judge granted partial preliminary relief to Kalshi, Coinbase, and the CFTC regarding sports contracts. The ruling leaves transaction fees unresolved. The article provides no further details on the scope of the relief, the judge's reasoning, or the specific claims at issue.

Partial relief suggests the court found some merit in the plaintiffs' position on sports contracts, but the incomplete ruling leaves key operational questions open for Kalshi and Coinbase.