Kalshi called the orders of the United States of America and Michigan a dilemma

On 15 July, in response to an emergency order by the United States CFTC to prevent Kalshi from cancelling the Michigan deal on Tuesday, the Legal Counsel of Kalshi, Robert DeNault, responded that the company had requested the cancellation of the deal in question by order of the Michigan Regional Court of 29 June, but was disappointed by the decision of the CTC, which was unfair to Kalshi. DeNault says that Kalshi is placed in a “difficult situation” - - “There is no alternative” to complying with the orders of state courts and facing a dilemma of conflict with federal regulatory obligations。