Kalshi urgently appeals to the US Second Circuit Court of Appeals, seeking suspension of law enforcement in New York State

Prediction market platform Kalshi has submitted a letter to the US Second Circuit Court of Appeals, stating that the lawsuit filed by the New York State Attorney General will force Kalshi to go bankrupt and cease nationwide operations, and seek an injunction to suspend enforcement of New York state gambling laws. The US Second Circuit Court of Appeals rejected Kalshi's request to suspend enforcement of New York state gambling laws during the appeal period.