🚨BREAKING: 🇺🇸CFTC & DOJ just sued Illinois State from enforcing gambling laws against prediction markets. The agency argues: - Illinois cease-and-desist letters to Kalshi, Polymarket, and Crypto[dot]com are unlawful - State gambling laws don't apply to federally regulated DCM exchanges and a permanent injunction blocking Illinois from taking action on prediction markets to be issued. - CFTC has EXCLUSIVE jurisdiction on prediction markets. This is the first federal preemption lawsuit against a state protecting prediction markets.(Coin Bureau)