FlightAware, a flight tracking company, has initiated legal action against Kalshi, a prediction market platform, in a New York federal court. The lawsuit claims that Kalshi, without authorization, used FlightAware's flight data and trademark to build and operate a market for betting on airline flight cancellations. According to the complaint, Kalshi breached the terms of its license from FlightAware. It allegedly continued to use the data to settle contracts even after it received a cease-and-desist notice. Although Kalshi added a disclaimer stating that its market is not endorsed by FlightAware, the platform kept citing FlightAware's data. Separately, Kalshi is also facing other lawsuits brought by the states of New York, Wisconsin and Nevada, which accuse it of running gambling operations without a license. CoinDesk reported the lawsuit.
FlightAware has sued Kalshi in federal court in New York, accusing the prediction-market platform of using its flight data and trademark without authorization to offer bets on airline flight cancellations. In the complaint, FlightAware says Kalshi breached its licensing terms and continued using the data to settle contracts even after receiving a cease-and-desist notice.
Although Kalshi added a disclaimer stating that its market is not endorsed by FlightAware, it still kept citing FlightAware's data. In addition, Kalshi is facing other lawsuits brought by New York, Wisconsin and Nevada over alleged unlicensed gambling. The case was reported by CoinDesk.
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