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BREAKING: Judge Declares War on Sanity as Kalshi Gets Green Light for Election Betting – Your Democracy, Now a Casino!

A chaotic casino scene unfolds with a roulette wheel spinning wildly, surrounded by frantic gamblers and stacks of chips flying through the air. In the background, an American flag waves precariously as a giant clock ticks away towards November's election date.

And so it begins: Kalshi gets a green light from a federal judge, allowing US citizens to place wagers on November’s elections through its prediction market platform. Because what could possibly go wrong with betting on democracy? The CFTC can still appeal, but for now, the door is open for more speculation and potentially even more chaos in an already volatile election season. Kalshi CEO Tarek Mansour must be thrilled – after all, who wouldn’t want to profit off of people’s anxieties about the future of their country? It’s not like this will lead to a surge in betting addiction or anything… Oh wait.

Source: bitcoin.com

A federal judge this week sided with the prediction market Kalshi’s motion for summary judgment in its legal battle with the U.S. Commodity Futures Trading Commission (CFTC). This decision opens the door for U.S. citizens to place bets on the upcoming November election. However, the ruling isn’t the final word just yet, as the CFTC can still appeal. Following the judge’s order, the commodities regulator immediately filed an emergency request […]

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