A New York judge has denied the Commodity Futures Trading Commission's (CFTC) motion to halt the enforcement action against Kalshi, according to reporting from CoinTelegraph. This ruling leaves New York's case against Kalshi in place.
The CFTC is allowed to renew its request before Judge Victor Marrero, as per the ruling. This development is part of the ongoing case between the CFTC and Kalshi.