Why Kalshi Was Sued Over ‘Khamenei Death’ Prediction Market
Quick Breakdown The platform faced a class action after voiding payouts on its “Ali Khamenei out as Supreme Leader?” market, with plaintiffs claiming the “death carveout” wasn’t clearly disclosed. The lawsuit disrupted Kalshi’s operations, lowered user trust and engagement, and brought more attention from regulators. This affected liquidity and overall ...
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