Kalshi Faces Class Action Lawsuit Over Khamenei Prediction Market Payout
Prediction markets platform Kalshi is facing a class action lawsuit over the resolution of a market tied to the leadership of Iran’s Supreme Leader, Ayatollah Ali Khamenei. Key Takeaways: Kalshi is facing a class action lawsuit over how it resolved a prediction market on Iran’s Supreme Leader Ayatollah Ali Khamenei. Plaintiffs claim the platform denied full payouts by applying a “death carveout” rule after Khamenei’s…
