Kalshi pushes appeals court to halt Ohio crackdown on trading markets

Kalshi is moving quickly to stop Ohio regulators from cracking down on its platform, asking a federal appeals court to step in before the situation escalates further.

In a March 24 emergency filing seen by ReadWrite, the company told the US Court of Appeals for the Sixth Circuit it faces “an imminent risk of civil or even criminal enforcement in Ohio” after a lower court refused to shield it earlier this month.

NEW: #Kalshi asks appeals court to block Ohio crackdown, arguing...