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After the prediction market platform Kalshi won a lawsuit against the US Commodity and Futures Trading Commission (CFTC), the CFTC has filed an emergency motion to prevent Kalshi from launching election contracts within two weeks, while the agency is handling its appeal. The CFTC believes that Kalshi may launch regulated election contracts as early as Tuesday morning after self certifying the contract on Monday and waiting for a designated working day. The CFTC is concerned that if the contract begins trading, the CFTC has very limited recourse to stop trading or otherwise terminate the contract. Previously, the regulated prediction market platform Kalshi won a lawsuit against the CFTC regarding whether the platform could provide predictions for the US election. Kalshi only operates in the US, and every prediction contract it launches must be approved or reviewed by the CFTC. @dryhb @tuffluv.eth