Dossier
Katherine Menendez
Coverage of Katherine Menendez in the Nexus archive.
- Federal judge blocks law banning prediction markets from operating in Minnesota
A federal judge blocked a Minnesota law set to ban prediction markets starting August 1, granting a preliminary injunction to the CFTC, Kalshi, and Polymarket. The state argues prediction markets are predatory gambling, while the CFTC claims the law criminalizes lawful operators.
- Judge blocks Minnesota ban on prediction markets
A federal judge in Minnesota blocked the state's ban on prediction markets, allowing platforms like Kalshi and Polymarket to continue operating. The ban, which aimed to restrict activities deemed 'indistinguishable' from gambling, was set to take effect but is now temporarily halted pending further legal review.