Last Update: 04/24/2024
On November 1, 2023, Kalshi sued the U.S. Commodity Futures Trading Commission (CFTC) for rejecting its proposed contracts for partisan control of Congress.
Below is a timeline of Kalshi’s attempts to offer election markets with respective media coverage followed by the case docket. Click on the document number to view a PDF of that court document(s).
District Court case information
Case #: 1:23-cv-03257-JMC
U.S. District Court
District of Columbia (Washington, DC)
Judge Jia M. Cobb
| Docket Text | # | Docket Text | Media Coverage |
| 11/01/2023 | 1 | COMPLAINT against COMMODITY FUTURES TRADING COMMISSION ( Filing fee $ 402 receipt number ADCDC-10461631) filed by KALSHIEX LLC. (Attachments: # 1 Exhibit A – Order, # 2 Civil Cover Sheet Civil Cover Sheet, # 3 Summons Summons – USAO, # 4 Summons Summons – CFTC, # 5 Summons Summons – Garland)(Roth, Jacob) (Attachment 2 replaced on 11/1/2023) (zljn). (Entered: 11/01/2023) | Wall Street Journal, Reuters, Better Markets, CoinDesk, Fox Business interview (2:32), PlayUSA, NYCasinos, POLITICO Tech podcast, New York Times, Twitter |
| 11/01/2023 | 2 | LCvR 26.1 CERTIFICATE OF DISCLOSURE of Corporate Affiliations and Financial Interests by KALSHIEX LLC (Roth, Jacob) (Entered: 11/01/2023) | Jones Day |
| 11/01/2023 | 3 | MOTION for Leave to Appear Pro Hac Vice :Attorney Name- Samuel V. Lioi, Filing fee $ 100, receipt number ADCDC-10462151. Fee Status: Fee Paid. by KALSHIEX LLC. (Attachments: # 1 Declaration, # 2 Exhibit Certificate of Good Standing, # 3 Text of Proposed Order)(Roth, Jacob) (Entered: 11/01/2023) | |
| 11/01/2023 | 4 | MOTION for Leave to Appear Pro Hac Vice :Attorney Name- Amanda K. Rice, Filing fee $ 100, receipt number ADCDC-10462356. Fee Status: Fee Paid. by KALSHIEX LLC. (Attachments: # 1 Declaration, # 2 Certificate of Good Standing, # 3 Text of Proposed Order)(Roth, Jacob) (Entered: 11/01/2023) | |
| 11/01/2023 | Case Assigned to Judge Jia M. Cobb. (zljn) (Entered: 11/01/2023) | ||
| 11/01/2023 | 5 | SUMMONS (3) Issued Electronically as to COMMODITY FUTURES TRADING COMMISSION, U.S. Attorney and U.S. Attorney General (Attachments: # 1 Notice and Consent)(zljn) (Entered: 11/01/2023) | |
| 11/06/2023 | 6 | NOTICE of Appearance by Raagnee Beri on behalf of COMMODITY FUTURES TRADING COMMISSION (Beri, Raagnee) (Entered: 11/06/2023) | |
| 11/06/2023 | 7 | NOTICE of Appearance by Conor Barry Daly on behalf of COMMODITY FUTURES TRADING COMMISSION (Daly, Conor) (Main Document 7 replaced on 11/7/2023) (znmw). (Entered: 11/06/2023) | |
| 11/06/2023 | MINUTE ORDER granting 3 Motion for Leave to Appear Pro Hac Vice: Counsel should register for e-filing via PACER and file a notice of appearance pursuant to LCvR 83.6(a) Click for instructions. Signed by Judge Jia M. Cobb on November 6, 2023. (lcjmc3) (Entered: 11/06/2023) | ||
| 11/06/2023 | MINUTE ORDER granting 4 Motion for Leave to Appear Pro Hac Vice: Counsel should register for e-filing via PACER and file a notice of appearance pursuant to LCvR 83.6(a) Click for instructions. Signed by Judge Jia M. Cobb on November 6, 2023. (lcjmc3) (Entered: 11/06/2023) | ||
| 11/07/2023 | 8 | NOTICE of Appearance by Sam Lioi on behalf of KALSHIEX LLC (Lioi, Sam) (Main Document 8 replaced on 11/8/2023) (znmw). (Entered: 11/07/2023) | |
| 11/07/2023 | 9 | NOTICE of Appearance by Amanda Kelly Rice on behalf of KALSHIEX LLC (Rice, Amanda) (Main Document 9 replaced on 11/8/2023) (znmw). (Entered: 11/07/2023) | |
| 11/09/2023 | 10 | NOTICE of Appearance by John Henry Thompson on behalf of KALSHIEX LLC (Thompson, John Henry) (Entered: 11/09/2023) | |
| 11/13/2023 | 11 | RETURN OF SERVICE/AFFIDAVIT of Summons and Complaint Executed as to the United States Attorney. Date of Service Upon United States Attorney on 11/6/2023. Answer due for ALL FEDERAL DEFENDANTS by 1/5/2024. (Roth, Jacob) (Entered: 11/13/2023) | |
| 11/21/2023 | 12 | RETURN OF SERVICE/AFFIDAVIT of Summons and Complaint Executed on United States Attorney General. Date of Service Upon United States Attorney General 11/14/2023. (Roth, Jacob) (Entered: 11/21/2023) | |
| 11/21/2023 | 13 | RETURN OF SERVICE/AFFIDAVIT of Summons and Complaint Executed. COMMODITY FUTURES TRADING COMMISSION served on 11/13/2023 (Roth, Jacob) (Entered: 11/21/2023) | |
| 11/28/2023 | 14 | Joint MOTION for Scheduling Order and For Other Relief by COMMODITY FUTURES TRADING COMMISSION. (Attachments: # 1 Text of Proposed Order Granting Joint Motion For Entry of Scheduling Order and For Other Relief)(Daly, Conor) (Entered: 11/28/2023) | |
| 11/30/2023 | 15 | ORDER granting 14 Motion for Scheduling Order: As agreed to in their Joint Motion, the Parties are ORDERED to adhere to the following deadlines: Plaintiff will file a motion for summary judgment by January 25, 2024. Defendant will file a cross-motion for summary judgment and a response in opposition to Plaintiff’s motion for summary judgment by February 26, 2024. Plaintiff will file a reply in support of its motion for summary judgment and in opposition to the Defendant’s cross-motion for summary judgment by March 27, 2024. Defendant will file a reply in support of its cross-motion for summary judgment by April 10, 2024. Additionally, the Defendant is no longer required to file an answer and the January 5, 2024, deadline to do so is STRICKEN. See attached document for further details and additional deadlines. Signed by Judge Jia M. Cobb on November 30, 2023. (lcjmc3) (Entered: 11/30/2023) | |
| 01/16/2024 | 16 | NOTICE of Filing of Certified List of Contents of the Administrative Record by COMMODITY FUTURES TRADING COMMISSION (Attachments: # 1 Exhibit)(Beri, Raagnee) (Entered: 01/16/2024) | |
| 01/25/2024 | 17 | MOTION for Summary Judgment by KALSHIEX LLC. (Attachments: # 1 Memorandum in Support, # 2 Text of Proposed Order)(Roth, Jacob) (Entered: 01/25/2024) | Better Markets |
| 01/31/2024 | 18 | Unopposed MOTION for Leave to File Brief as Amicus Curiae by Jeremy D. Weinstein. (Attachments: # 1 Exhibit Proposed Brief, # 2 Text of Proposed Order)(Mills, Christopher) (Entered: 01/31/2024) | |
| 01/31/2024 | 19 | NOTICE of Appearance by Christopher Ernest Mills on behalf of Jeremy D. Weinstein (Mills, Christopher) (Entered: 01/31/2024) | |
| 02/01/2024 | 20 | MOTION for Leave to File An Amicus Brief In Support of Plaintiff’s Motion for Summary Judgment by PARADIGM OPERATIONS LP. (Attachments: # 1 Exhibit Brief in Support of Plaintiff’s Motion for Summary Judgment, # 2 Text of Proposed Order Proposed Order)(Keller, Scott) (Entered: 02/01/2024) | CoinDesk |
| 02/01/2024 | 21 | Unopposed MOTION for Leave to File Brief as Amicus Curiae in Support of Plaintiff’s Motion for Summary Judgment by JOSEPH A. GRUNDFEST. (Attachments: # 1 Proposed Brief of Amicus Curiae Professor Joseph A. Grundfest in Support of Plaintiff, # 2 Proposed Order)(Unikowsky, Adam) (Entered: 02/01/2024) | |
| 02/02/2024 | MINUTE ORDER granting 18 Motion for Leave to File: Upon consideration of the motion, leave to file is GRANTED. It is ORDERED that the proposed brief accompanying the motion be filed. Signed by Judge Jia M. Cobb on February 2, 2024. (lcjmc3) (Entered: 02/02/2024) | ||
| 02/02/2024 | MINUTE ORDER granting 20 Motion for Leave to File: Upon consideration of the motion, leave to file is GRANTED. It is ORDERED that the proposed brief accompanying the motion be filed. Signed by Judge Jia M. Cobb on February 2, 2024. (lcjmc3) (Entered: 02/02/2024) | ||
| 02/02/2024 | MINUTE ORDER granting 21 Motion for Leave to File: Upon consideration of the motion, leave to file is GRANTED. It is ORDERED that the proposed brief accompanying the motion be filed. Signed by Judge Jia M. Cobb on February 2, 2024. (lcjmc3) (Entered: 02/02/2024) | ||
| 02/02/2024 | 22 | Unopposed MOTION for Leave to File Amicus Curiae Brief by ARISTOTLE INTERNATIONAL INC.. (Attachments: # 1 BRIEF OF AMICUS CURIAE ARISTOTLE INTERNATIONAL, INC., IN SUPPORT OF PLAINTIFFS MOTION FOR SUMMARY JUDGEMENT, # 2 (PROPOSED) ORDER GRANTING ARISTOTLE INTERNATIONAL, INC.S MOTION FOR LEAVE TO FILE AMICUS CURIAE BRIEF)(Edney, Michael) (Entered: 02/02/2024) | |
| 02/02/2024 | 23 | AMICUS BRIEF by JEREMY D. WEINSTEIN. (zdp) (Entered: 02/06/2024) | |
| 02/02/2024 | 24 | AMICUS BRIEF by PARADIGM OPERATIONS LP. (zdp) (Entered: 02/06/2024) | Yahoo |
| 02/02/2024 | 25 | AMICUS BRIEF by JOSEPH A. GRUNDFEST. (zdp) (Entered: 02/06/2024) | |
| 02/05/2024 | MINUTE ORDER granting 22 Motion for Leave to File: Upon consideration of the motion, leave to file is GRANTED. It is ORDERED that the proposed brief accompanying the motion be filed. Signed by Judge Jia M. Cobb on February 5, 2024. (lcjmc3) (Entered: 02/05/2024) | ||
| 02/05/2024 | 26 | AMICUS BRIEF by ARISTOTLE INTERNATIONAL INC.. (zdp) (Entered: 02/06/2024) | |
| 02/07/2024 | 27 | NOTICE of Appearance by Margaret P. Aisenbrey on behalf of COMMODITY FUTURES TRADING COMMISSION (Aisenbrey, Margaret) (Entered: 02/07/2024) | |
| 02/21/2024 | 28 | Unopposed MOTION for Leave to File Excess Pages by COMMODITY FUTURES TRADING COMMISSION. (Attachments: # 1 Text of Proposed Order)(Aisenbrey, Margaret) (Entered: 02/21/2024) | |
| 02/21/2024 | MINUTE ORDER granting 28 unopposed motion for leave to file excess pages. It is hereby ORDERED that the Defendant’s motion may exceed the page limit set forth in Local Civil Rule 7(e) by 10 additional pages. Signed by Judge Jia M. Cobb on February 21, 2024. (lcjmc3) (Entered: 02/21/2024) | ||
| 02/22/2024 | 29 | NOTICE of Appearance by Anne Whitford Stukes on behalf of COMMODITY FUTURES TRADING COMMISSION (Stukes, Anne) (Entered: 02/22/2024) | |
| 02/26/2024 | 30 | Cross MOTION for Summary Judgment and Opposition to Plaintiff Kalshi’s Motion for Summary Judgment by COMMODITY FUTURES TRADING COMMISSION. (Attachments: # 1 Proposed Order)(Beri, Raagnee) (Entered: 02/26/2024) | |
| 02/26/2024 | 31 | Memorandum in opposition to re 17 Motion for Summary Judgment and Cross Motion for Summary Judgment filed by COMMODITY FUTURES TRADING COMMISSION. (Attachments: # 1 Proposed Order)(Beri, Raagnee) (Entered: 02/26/2024) | |
| 03/04/2024 | 32 | NOTICE of Appearance by Stephen W. Hall on behalf of BETTER MARKETS, INC. (Hall, Stephen) (Entered: 03/04/2024) | |
| 03/04/2024 | 33 | Unopposed MOTION for Leave to File Amicus Curiae Brief in Support of Defendant Commodity Futures Trading Commission by BETTER MARKETS, INC.. (Attachments: # 1 Exhibit Brief of Better Markets, Inc., as Amicus Curiae in Support of Defendant Commodity Futures Trading Commission, # 2 Text of Proposed Order Proposed Order)(Hall, Stephen) (Entered: 03/04/2024) | |
| 03/04/2024 | MINUTE ORDER granting 33 Motion for Leave to File: Upon consideration of the motion, leave to file is GRANTED. It is ORDERED that the proposed brief accompanying the motion be filed. Signed by Judge Jia M. Cobb on March 4, 2024. (lcjmc3) (Entered: 03/04/2024) | ||
| 03/04/2024 | 34 | AMICUS BRIEF by BETTER MARKETS, INC.. (zdp) (Entered: 03/06/2024) | Better Markets |
| 03/27/2024 | 35 | Memorandum in opposition to re 30 Motion for Summary Judgment filed by KALSHIEX LLC. (Attachments: # 1 Text of Proposed Order)(Roth, Jacob) (Entered: 03/27/2024) | |
| 03/27/2024 | 36 | REPLY to opposition to motion re 17 MOTION for Summary Judgment filed by KALSHIEX LLC. (Roth, Jacob) (Entered: 03/27/2024) | |
| 04/10/2024 | 37 | REPLY to opposition to motion re 30 Cross MOTION for Summary Judgment and Opposition to Plaintiff Kalshi’s Motion for Summary Judgment filed by COMMODITY FUTURES TRADING COMMISSION. (Beri, Raagnee) (Entered: 04/10/2024) | |
| 04/12/2024 | MINUTE ORDER: The Parties are ORDERED to appear for oral argument on Plaintiff’s motion for summary judgment 17 and Defendant’s cross motion for summary judgment 30 on May 30, 2024, at 1:00 PM in Courtroom 3- In Person before Judge Jia M. Cobb. Signed by Judge Jia M. Cobb on April 12, 2024. (lcjmc3) (Entered: 04/12/2024) | ||
| 04/24/2024 | 38 | JOINT APPENDIX by KALSHIEX LLC. (Attachments: # 1 Appendix Volume 1, # 2 Appendix Volume 2, # 3 Appendix Volume 3, # 4 Appendix Volume 4, # 5 Appendix Volume 5)(Roth, Jacob) (Entered: 04/24/2024) |