New York Sues Kalshi for $36 Billion Over Illegal Gambling
New York state officials have launched a major legal assault against the prediction market Kalshi, seeking at least $36 billion in financial penalties and restitution. New York Attorney General Letitia James and Governor Kathy Hochul announced the lawsuit, accusing the platform of running an illegal gambling operation without state authorization. New York Sues Kalshi for … Read more