Louisiana Attorney General Criticizes CFTC Chair Over Prediction Markets
Louisiana's Attorney General labeled the CFTC chair an obsequious standard bearer following an agency lawsuit over prediction markets.
According to TheBlock, the Commodity Futures Trading Commission (CFTC) filed a lawsuit against Louisiana to block a state judge's order. The order sought to ban 31 prediction markets within the state, including platforms such as Kalshi and Polymarket.
Following the legal action, Louisiana's Attorney General criticized the CFTC chair, referring to the official as an obsequious standard bearer for prediction markets.
Instant Telegram notifications for large on-chain moves.
Key facts
- The CFTC sued Louisiana on Friday.
- The lawsuit aims to block a state judge's order banning 31 prediction markets.
- Affected platforms include Kalshi and Polymarket.
Source: theblock.co
This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.
