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Dai Truong Phat Education Group has attracted several million USD in foreign capital from Japan and Singapore. Related to the 3rd-grade computer science textbook containing a 'blacklisted web' link, Hue City Police's PA03 unit has intervened. The publisher confirmed the error appeared in 2022 print editions due to the learning-material…
Arizona Attorney General Kris Mayes’ case against prediction market Kalshi appears to have hit a snag. On Friday, the U.S. Commodity Futures Trading Commission (CFTC) said it has obtained a temporary restraining order that prevents the state from pursuing its criminal case against Kalshi.
In a statement, CFTC Chairman Michael S. Selig said the order reflects the federal government’s position on the dispute. He said Arizona’s approach “sets a dangerous precedent” by using state criminal law against companies that comply with federal law, adding that the court’s action sends “a clear message that intimidation is not an acceptable tactic to circumvent federal law.”
Selig is currently the only commissioner on the CFTC. The statement notes that while the agency normally has five commissioners, Selig was confirmed in December, and the previous acting chairman, Caroline Pham, left to join crypto company MoonPay.
Arizona’s charges against Kalshi accuse the company of operating an illegal gambling business in the state without a license. The restraining order announcement came just days after a federal judge allowed Arizona’s case to move forward, according to Bloomberg.
The CFTC also filed suits seeking to stop similar cases from moving forward in Connecticut and Illinois.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
