New York’s attorney general has sued Kalshi, accusing the prediction market platform of operating an illegal gambling business, according to The Block. The lawsuit targets Kalshi’s activities through its prediction market platform and seeks at least $36 billion in damages. The development was published by ChainCatcher under the policy and regulation category. No further details were provided in the source brief.
New York’s attorney general has filed a lawsuit against Kalshi, alleging that the company operated an illegal gambling business through its prediction market platform, according to The Block.
The suit seeks at least $36 billion in damages.
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