Hyperliquid Policy Center Urges Court to Dismiss CME's Lawsuit Against CFTC

Odaily News, the Hyperliquid Policy Center has filed an amicus brief with the U.S. District Court for the District of Columbia, seeking to dismiss the lawsuit filed by the Chicago Mercantile Exchange (CME) against the U.S. Commodity Futures Trading Commission (CFTC).

The lawsuit concerns the CFTC's prior approval of Kalshi to launch regulated cryptocurrency perpetual contracts in the United States. CME previously filed a lawsuit over the related regulatory decision, and in this instance, the Hyperliquid Policy Center is siding with the CFTC, arguing that the court should dismiss CME's lawsuit. (Hyperliquid News)