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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, igniting legal questions about how geopolitical event markets resolve outcomes and interpr...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

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, 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 […]

Why this matters

Kalshi is showing up inside the Prediction Markets theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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