appeals

By Laura Matthews WASHINGTON (Reuters) -A U.S. federal appeals court on Wednesday upheld a lower court’s order that permitted New York derivatives trading platform KalshiEX LLC to list contracts that allow Americans to bet on election outcomes. The U.S. Court of Appeals for the D.C. Circuit said that the Commodity…

By Nate Raymond (Reuters) – A U.S. appeals court on Friday struck down a rule adopted by President Joe Biden’s administration designed to raise pay for tipped workers, citing a recent U.S. Supreme Court ruling that curtailed federal agencies’ ability to issue regulations. A three-judge panel of the New Orleans-based…

By Luc Cohen NEW YORK (Reuters) -Sam Bankman-Fried, facing the prospect of spending much of his adult life behind bars, on Thursday appealed his conviction and 25-year prison sentence for stealing $8 billion from customers of the now-bankrupt FTX cryptocurrency exchange he founded. Defense lawyer Marc Mukasey had announced plans…