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TRX Second Circuit denies Coinbase and Kalshi interim shield in state prediction-market cases
The Defiant reports that the Second Circuit denied interim protection to Coinbase and Kalshi in Connecticut and New York prediction-market enforcement. The order does not require trading to stop or existing positions to close, according to the post.
Why “Unverified”
- Reported by The Defiant alone, with no second source or primary confirmation yet
1 independent source group across 1 post · evidence score 52/100. How labels work
What the sources claim
-
The Second Circuit denied Coinbase and Kalshi interim protection from state prediction-market enforcement in Connecticut and New York.
“Coinbase, Kalshi Denied Shield From State Prediction-Market Enforcement”
The Defiant -
The order does not require trading to stop or existing positions to close.
“its order does not require trading to stop or existing positions to close”
The Defiant
Sources
More in Prediction Markets
Summary and claims extracted by AI with prompt analyze-story@5 on 2026-11-04 11:50 UTC. Labels are computed from the sources, not by the model.