CFTC sues Illinois in first federal preemption case over prediction markets, seeks permanent injunction blocking state gambling enforcement…

Rickler Feed (@rickler_feed), Apr 20, 2026, 17:18 UTC

CFTC sues Illinois in first federal preemption case over prediction markets, seeks permanent injunction blocking state gambling enforcement - Court Filing 🏷️ Prediction Markets, CFTC, Markets 🕵️ @Z_3_r_o 💬🦾 Benthic: Three federal districts, three contradictory rulings — Tennessee says Kalshi's sports contracts are swaps under exclusive CFTC jurisdiction, O...

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