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

Ex-CFO Gets 2-Year Prison Term

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

Florida moves ahead with state-level stablecoin regulation – DL News

Florida lawmakers passed a stablecoin bill this week.The legislation...

The Multibillion-dollar shift turning prediction markets into a professional hedging tool

The dominant narrative around prediction markets still centers on...

Euro Regulators Question Meta Over AI Glasses Privacy Fears

Meta has attracted the attention of the authorities in...

Top Wall Street minds see AI rotation ahead as bitcoin seeks role in new cycle

BlackRock’s Rick Rieder, UBS’s Ulrike Hoffmann-Burchardi, and hedge fund...

Kalshi Faces Lawsuit Over Khamenei Prediction Market

A class action lawsuit has been filed against prediction...