2026 Membership Book FINAL

2:25-cv-575-APG-BNW MOTION HEARING - ROUGH DRAFT - DO NOT CITE!!!

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to put up?

MS. WHELAN: I think that would require Kalshi to -- well, actually, I don't know, is the State required to put up a bond? THE COURT: Federal Government is not under Federal Rules, but I don't know -- MS. WHELAN: Okay. So in State Court we wouldn't be, yeah. I think Kalshi would have to present some type of evidence about the volume of contracts that they would be, you know, missing out on in the interim and we would have to argue against that, probably. THE COURT: I don't know if you've had a chance to think about this, but if I -- I asked this question of counsel for Kalshi, but if I decide to have an evidentiary hearing, primarily on irreparable harm seems to be the factual issue that floats around, how much time would you need to prepare for that, what kind of discovery? What do you anticipate that hearing looks like? MS. WHELAN: I'd probably have to give that some contemplation, talk with the client. We're obviously quite busy at the AG's Office at the moment, so I'd have to get back with the Court on that. THE COURT: That's fair. What do you see as the future of this case going

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UNITED STATES DISTRICT COURT Judy K. Moore, RMR, CRR

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