The legal action against Kalshi focused on trademark infringement and injury to its reputation in addition to citing state authorities comparing the company’s contracts to gambling.
Related Posts
Mt. Gox Ex-CEO Wants Bitcoin’s Rules Rewritten To Claw Back $5B In Stolen Coins
Twelve years is a long time to wait. For thousands of people who lost their Bitcoin when the Mt. Gox exchange collapsed in 2014, the wait has stretched on with little hope of getting everything back. Related Reading: Crypto Policy Turning Point: Blockchain Devs Could Gain Legal Shield Now, the man who ran the exchange […]
City of Baltimore goes after prediction markets for sports betting
The city’s complaint over gambling laws and deceptive trade practices included Robinhood, Webull and Coinbase as partners with prediction market platform Kalshi.
SUI bullish chart pattern confirmation sets breakout target at $3.89
SUI broke out of an inverse head-and-shoulders pattern, opening the door for a rally to $3.89.