Louisiana Attorney General Murrill criticizes CFTC Chairman Selig as a "flatterer" of the prediction market
2026-11-15 14:51:49
According to CoinMeta, the Attorney General of Louisiana, Murrill, criticized CFTC Chairman Selig as a "flatterer" of the prediction market, calling his statements "purely false," and stated that gambling regulation has been the sole responsibility of the states for 250 years. The dispute arose on Thursday when a state judge issued a unilateral temporary ban, prohibiting Kalshi, Polymarket, Coinbase, Robinhood, and 31 other entities from offering contracts related to sports, elections, and other events without obtaining state licenses, and requiring the implementation of geographic barriers. The ban will expire in 10 days, with a hearing scheduled for November 30th. CFTC filed a lawsuit against Louisiana on Friday, requesting the court to declare that the state's gambling laws do not apply to its regulated market; this is the 12th state CFTC has sued. Selig previously described the emergency lawsuit filed by the state as a "bare-faced legal battle." Kalshi has suspended services in Louisiana. CFTC also filed a separate lawsuit against Arkansas on Thursday with the United States Department of Justice.
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Source:Internet
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