Michael Liburdi

Person

Last mentioned: Mar 18, 2026

Timeline

  1. Judge Michael Liburdi denies Kalshi's request to block state action.

  2. Truth Social scheduled to launch its crypto-based prediction market.

  3. Criminal Charges Filed

    Arizona AG Kris Mayes files 20-count document against Kalshi.

  4. TRO Denied

    Judge Michael Liburdi denies Kalshi's request to block state action.

  5. Kalshi Response

    Spokesperson Elisabeth Diana dismisses charges as meritless and an attempt to circumvent federal court.

  6. Criminal Charges Filed

    Arizona AG Kris Mayes files 20 criminal counts against Kalshi.

  7. Injunction Denied

    Judge Michael Liburdi denies Kalshi's request to block state-level legal actions.

  8. Criminal Charges Filed

    Arizona AG Kris Mayes files a 20-count criminal indictment against Kalshi.

  9. Federal Support

    The Trump administration signals a pro-prediction market regulatory stance.

  10. Federal Court Victory

    Kalshi wins the right to offer election contracts following a battle with the CFTC.

Stories mentioning Michael Liburdi 3

regulation Bearish

Arizona Files Criminal Charges Against Kalshi in Prediction Market Escalation

Arizona has filed 20 criminal charges against Kalshi, alleging the platform operates an illegal gambling business by offering bets on elections and college sports. The move marks a significant escalation in the jurisdictional battle between state authorities and federal regulators over the multi-billion dollar prediction market industry.

3 sources
regulation Bearish

Arizona Hits Kalshi With Criminal Charges in Prediction Market Escalation

Arizona has filed 20 criminal counts against Kalshi, alleging the platform operates an illegal gambling business by offering bets on elections and college sports. The move marks a significant escalation in the jurisdictional battle between state gambling regulators and federal oversight of prediction markets.

3 sources
regulation Bearish

Arizona Hits Kalshi With Criminal Charges, Escalating Prediction Market War

Arizona has filed a 20-count criminal charging document against prediction market Kalshi, alleging the platform operates an illegal gambling business. The move marks a significant escalation in the jurisdictional battle between state authorities and the federal government over the oversight of multibillion-dollar wagering platforms.

3 sources