Legal Storm Hits Kalshi as Traders Claim ‘Death Carveout’ Erased Their Winning Bets
Traders are suing prediction market Kalshi after a controversial contract tied to Iran’s supreme leader sparked a payout dispute,...
Company
Company coverage across DigitalMoneyBox source monitoring and market reporting.
Traders are suing prediction market Kalshi after a controversial contract tied to Iran’s supreme leader sparked a payout dispute,...
The plaintiffs characterized the death carveout in a prediction market for the former Iranian Supreme Leader's ouster as "deceptiv...
Lawmakers are pushing new regulation for prediction markets after suspiciously timed Polymarket bets on US and Israeli strikes on...
Key Takeaways: When global markets close in the time of attacks on Iran, traders have moved to onchain platforms Bloomberd cited c...
The two separate rulings add new regulatory pressure as prediction markets also face scrutiny over information advantages and susp...
While Kalshi CEO Tarek Mansour explained that the company did not list markets tied to the death of any personality because it goe...
The prediction platform said it would reimburse users and resolve markets to the last-traded price before the death of the Iranian...
Federal regulators are emphasizing oversight expectations for prediction markets, using recent enforcement activity on KalshiEX to...
The prediction market platform Kalshi had revealed that it recently banned and fined a former California gubernatorial candidate a...
CFTC chair Mike Selig said the agency established a prediction markets advisory to help catch insider traders, warning there would...
US Federal Judge Aleta Trauger granted Kalshi a preliminary injunction against Tennessee, finding its sports event contracts fall...
The paper, which examined several prediction markets on the platform, concluded that Kalshi, as a regulated platform, provided a v...
Researchers said Kalshi’s “rich intraday dynamics” enable it to measure expectations in real-time when major financial events and...
Kalshi is looking to have Nevada’s lawsuit heard in federal court, again asserting it is subject only to federal commodity exchang...
Recent data indicates that nearly a quarter of Draftkings’ sportsbook revenue is now being challenged by the rapid rise of federal...
Traders on Polymarket, Myriad, and Kalshi are putting real money behind their expectations for bitcoin’s price trajectory in 2026....
Jump Trading is set to acquire minority stakes in prediction‑market platforms Kalshi and Polymarket. The investments are structure...
Wall Street–style liquidity is reportedly moving into prediction markets, signaling a shift toward deeper markets, higher volumes...