Alibaba Launches Legal Battle Against US Defense Blacklist, Citing ‘No Basis in Fact or Law’
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Alibaba Launches Legal Battle Against US Defense Blacklist, Citing ‘No Basis in Fact or Law’

Chinese e-commerce and technology giant Alibaba has initiated a significant legal challenge against the United States government, seeking removal from a Pentagon blacklist that alleges the company is linked to the Chinese military. The lawsuit, filed in a California federal court, contends that the US Department of Defense’s (DoD) determinations “have no basis in fact […]
Federal Regulator Challenges Kentucky in Escalating Battle Over Prediction Markets
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Federal Regulator Challenges Kentucky in Escalating Battle Over Prediction Markets

The Commodity Futures Trading Commission (CFTC) has initiated legal action against the state of Kentucky, marking a significant escalation in the federal agency’s campaign to assert exclusive authority over prediction market platforms. This move follows Kentucky’s recent attempt to crack down on companies like Kalshi and Polymarket, which state officials have characterized as illegal gambling […]