🚀 Big win for Kalshi! A federal judge has partially sided with the prediction market platform in its case against the CFTC. Judge Jia Cobb ruled that the CFTC overstepped its bounds by halting Kalshi’s election-related bets. đŸ—łïž

- The CFTC argued that betting on US elections could disrupt markets and threaten election integrity.

- Judge Cobb disagreed, stating Kalshi’s contracts are neither unlawful nor gaming.

- The judge suggested that only Congress can authorize the CFTC to block such activities.

What do you think? Should we be able to bet on elections? Drop your thoughts in the comments!