Kalshi loses emergency injunction bid in federal court

U.S. District Judge Analisa Torres denied KalshiEX’s request for an emergency injunction pending appeal on July 27 in KalshiEX LLC v. Williams. Summary Judge Analisa Torres denied Kalshi emergency relief while its Second Circuit appeal remains pending separately. Kalshi failed to show strong appellate prospects, irreparable harm, favourable equities, or public interest support. The court independently read federal law and declined to defer to the CFTC’s proposed interpretation. The Southern District of New York also rejected Kalshi’s alternative request for short-term administrative relief. The three-page order does not dismiss Kalshi’s appeal or resolve the underlying lawsuit. It only denies protection from New York enforcement while the appellate dispute continues. Kalshi appealed after Torres denied its preliminary-injunction motion on July 7. That earlier ruling found that the Commodity Exchange Act likely does not preempt New York gambling laws as applied to Kalshi’s sports-event contracts. The appeal was filed with the Second Circuit as case number 26-1835. 吴说获悉，美国纽约南区联邦法官 Analisa Torres 驳回 Kalshi 在上诉期间寻求紧急禁令的申请，认为其未能充分证明上诉可能胜诉。法院同时表示，不采纳 CFTC 关于联邦法律优先于州级事件合约监管的拟议规则，相关法律解释仍应由...