Michigan court ordered preliminary injunction blocking Kalshi for residents
Michigan Attorney General announced a state court ordered a preliminary injunction blocking Kalshi’s prediction markets platform for residents, citing officials’ view that “sports betting” is “masquerading as an investment opportunity.”
Michigan’s attorney general announced that a state court had ordered a preliminary injunction against Kalshi, blocking the prediction markets platform for residents amid what officials called “sports betting [...] masquerading as an investment opportunity.”In a Wednesday notice, Attorney General Da…