The Commodity Futures Trading Commission announced Friday that it has won a temporary restraining order preventing Arizona from pursuing its criminal case against Kalshi.
In Brief
Posted:
2:20 PM PDT · April 11, 2026
Image Credits:Kent Nishimura/Bloomberg / Getty Images
Arizona attorney general Kris Mayes’ case against prediction market Kalshi appears to have hit a snag.
“Arizona will not be bullied into letting any company place itself above state law,” said Democratic Attorney General Kris Mayes.
The Arizona charges are the first criminal charges to have been filed against Kalshi, though the company is embroiled in multiple…
Jurisdiction over prediction market platforms is an ongoing dispute between the CFTC and multiple state regulators.
Following the CFTC's suit, Kalshi has sued the state of Minnesota after Governor Tim Walz signed a law blocking prediction…
“Arizona will not be bullied into letting any company place itself above state law,” Democratic Attorney General Kris Mayes said.
Kalshi is suing Illinois over a new prediction markets law as the CFTC and DOJ battle states claiming federal jurisdiction over…
