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Traders Sue Kalshi: Did “Operation Epic Fury” Break the Betting Market?

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The $54M “Death Carveout”: Kalshi Faces Class Action After Iranian Supreme Leader Killed

the staff  of the Ridgewood blog

Ridgewood NJ, The prediction market industry is facing its first major post-2024 legal crisis. Kalshi, a leading platform for event-based trading, has been hit with a $54 million class action lawsuit following the death of Iran’s Supreme Leader, Ayatollah Ali Khamenei.

Continue reading Traders Sue Kalshi: Did “Operation Epic Fury” Break the Betting Market?