Kalshi brings in former U.S. solicitor general as Washington state gambling case escalates
Prediction markets just got their first Supreme Court-level defense. Kalshi hired a former solicitor general as Washington state's injunction escalates—setting up a test case for AI-adjacent financial automation.
Why it matters
A high-stakes legal battle over prediction markets (which use AI for price discovery and autonomous trading) is reaching appellate courts with national implications for how regulators treat AI-powered financial platforms. The case precedent will shape whether states can restrict AI-driven market platforms.
The key facts
8 to knowKalshi operating in Washington despite preliminary injunction from Seattle judge
Company appealed to Washington Court of Appeals
Hired former U.S. Acting Solicitor General Neal Katyal
Case described as having 'national implications'
Nearly three weeks of continued operations post-injunction
Published August 2026
Hired former U.S. Acting Solicitor General Neal Katyal for defense
Nearly three weeks of continued operation post-injunction
Go to the source
GeekWiregeekwire.com
Publisher excerpt: Kalshi is still operating in Washington nearly three weeks after a Seattle judge granted the state a preliminary injunction against the prediction market platform. The New York-based company has since appealed to the Washington Court of Appeals and brought in former U.S. Acting Solicitor General…