The U.S. Department of Justice and the CFTC sued the Attorney General of Arkansas, regarding the state-level enforcement action taken against Kalshi

According to The Block, the U.S. Department of Justice and the U.S. Commodity Futures Trading Commission have filed a lawsuit against Arkansas Attorney General Tim Griffin, concerning his state-level enforcement action against the prediction market platform Kalshi. The lawsuit was submitted on Thursday, seeking to prevent future state-level actions against prediction markets regulated by the CFTC.