Tech3 outlets
FlightAware filed a lawsuit in New York against Kalshi, alleging the exchange was using its flight-tracking data without permission to enable users to bet on flight cancellations. The company withdrew the suit the following day, ending the legal action.
TechCrunch·TechMeme·Engadget
Tech3 outlets
New York has filed a lawsuit accusing Kalshi of operating an illegal gambling operation in violation of state gambling laws. The Commodity Futures Trading Commission responded by filing an emergency motion to halt the state’s enforcement action, describing the lawsuit as an overreach of regulatory authority.
TechMeme·The Verge·Engadget
Tech4 outlets
Spain has blocked the prediction-market platforms Polymarket and Kalshi, citing the absence of the gambling licences required under Spanish law. The government says the restriction is a precautionary measure while it investigates possible violations of gambling regulations, a probe that is expected to last three to four months.
The Next Web·TechMeme·Hacker News·Engadget