The Attorney General of Louisiana criticized the Chairman of the CFTC as a "flatterer of the prediction market."

According to The Block, Louisiana Attorney General Murrill criticized CFTC Chairman Selig as a "sycophant of the prediction market," calling his statements "completely false," and stated that betting regulation has been exercised by the states for 250 years.

The dispute arose after a state judge issued a unilateral temporary injunction on Thursday, prohibiting 31 entities, including Kalshi, Polymarket, Coinbase, and Robinhood, from offering contracts for events such as sports and elections without obtaining a state license, and requiring the implementation of geographic fencing. The injunction will expire in 10 days, with a hearing scheduled for November 30. The CFTC sued Louisiana on Friday, requesting the court to declare that state betting laws do not apply to the markets it regulates; this is the 12th state the CFTC has sued.

Selig previously described the emergency lawsuit filed by the state as a "naked legal war." Kalshi has suspended its services in Louisiana; the CFTC, along with the U.S. Department of Justice, separately sued Arkansas on Thursday.