New York sues Kalshi in sweeping prediction market crackdown
Covered by 2 sources · 2 articles
2 outlets - including Yahoo and Crypto - are covering this story. The state is seeking at least $36 billion in damages from the prediction market platform it calls an unlicensed gambling operation, and has filed for a temporary restraining order to halt its contracts immediately. The lawsuit that predicti…
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New York Sues Prediction Market Kalshi, Calling It A ‘Gambling Platform’
New York sues Kalshi in sweeping prediction market crackdown
The state is seeking at least $36 billion in damages from the prediction market platform it calls an unlicensed gambling operation, and has filed for a temporary restraining order to halt its contracts immediately. The lawsuit that predicti…