The Michigan Court has converted a June temporary restraining order into a formal preliminary injunction against Kalshi, requiring the platform to continue blocking state residents from accessing sports event contracts. Violating the injunction could result in a daily fine of $500,000.
Odaily Planet Daily News: The Michigan Court issued a preliminary injunction against Kalshi, requiring the platform to continue blocking residents of the state from accessing sports event contracts. The injunction converts a temporary restraining order issued in June into a formal ruling. Violating the injunction could result in a daily fine of $500,000.
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