Authorized Storm Hits Kalshi as Merchants Declare ‘Demise Carveout’ Erased Their Profitable Bets

Merchants are suing prediction market Kalshi after a controversial contract tied to Iran’s supreme chief sparked a payout dispute, igniting authorized questions on how geopolitical occasion markets resolve outcomes and interpret guidelines. Merchants Sue Kalshi, Declare Prediction Market Platform Makes use of ‘Demise Carveout’ to Escape Large Payouts Merchants are difficult a prediction market platform after alleging […]



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