New Jersey petition brings Kalshi dispute closer to Supreme Court review

New Jersey has asked the U.S. Supreme Court to review its legal dispute with Kalshi, according to CoinDesk. The state filed a petition for a writ of certiorari last week, moving the prediction-markets case toward the nation’s highest court. A petition for certiorari asks the Supreme Court to consider hearing a case, but the filing itself does not mean that the justices have agreed to take it up. The development places Kalshi’s case against New Jersey among the prediction-market disputes now approaching the Supreme Court. CoinDesk described the filing as a significant procedural step after the state formally submitted its request. The report did not provide details on the underlying arguments, the legal claims at issue, or whether the Supreme Court will grant review. The filing is relevant to the wider prediction-markets landscape, including crypto-market pages tracking related digital assets such as Redstone (RED) and WINk (WIN).