Legal Storm Hits Kalshi as Traders Claim ‘Death Carveout’ Erased Their Winning Bets

Share This Post

Traders are suing prediction market Kalshi after a controversial contract tied to Iran’s supreme leader sparked a payout dispute, igniting legal questions about how geopolitical event markets resolve outcomes and interpret rules. Traders Sue Kalshi, Claim Prediction Market Platform Uses ‘Death Carveout’ to Escape Massive Payouts Traders are challenging a prediction market platform after alleging […]

Related Posts

Coinbase (COIN) says new U.S. tax-reporting rules for crypto are cluttered, confusing

Cryptocurrency trading giant Coinbase (COIN) said new U.S. tax...

Kalshi Sued Over Refusing to Pay Out Prediction Market After Iran Leader’s Death

In brief Kalshi is facing a lawsuit in California over...

The World’s Largest Asset Managers Hold MSTR: Strategy Highlights Massive Institutional Bitcoin Exposure

Massive institutional exposure to Strategy stock underscores Wall Street’s...

dLocal and Open English Introduce Bre-B Instant Payments to Eliminate Checkout Friction in Colombia

dLocal, the cross-border payment platform connecting global merchants to...

Inside the Quest at Colossus to Replace Visa and Mastercard With KYC-Less Crypto Cards

In brief Colossus is attempting to bypass Visa and Mastercard...

Ex-CFO Gets 2-Year Prison Term

Trusted Editorial content, reviewed by leading industry experts and...