Ohio Regulators Move to Fine Kalshi $5 Million, Could Fuel Appeal
[ad_1] Key Takeaways ▸ Regulators moved from warnings to a proposed $5M fine, formally labeling Kalshi’s event contracts as unlicensed sports gaming. ▸ With enforcement now material, Kalshi has stronger footing for its appeal and request for injunctive relief. The Ohio Casino Control Commission (OCCC) is escalating enforcement action against Kalshi, announcing intentions to impose […]
What’s at Stake for Sam Bankman-Fried’s Long-awaited Appeal?
[ad_1] With many years remaining for Sam “SBF” Bankman-Fried in jail, the previous FTX CEO’s authorized group will current arguments within the appellate court docket as to why a panel of judges ought to contemplate overturning his conviction or sentence. On Tuesday, the US Court docket of Appeals for the Second Circuit will hear oral […]