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FlightAware sues Kalshi, seeks injunction over flight cancellation bets
Aug 11, 2026
< 1 min read
by Randa Moses
for CryptoPolitan
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AI Overview
On August 10 FlightAware sued Kalshi in New York federal court seeking an injunction to shut down Kalshi's flight cancellation betting prediction markets. The lawsuit highlights legal and regulatory risk for centralized and decentralized crypto prediction markets and could curb adoption and trading volume of similar crypto derivatives if the court grants an injunction.
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FlightAware sued Kalshi in New York federal court on August 10, seeking an injunction to kill the prediction platform's flight cancellation betting markets.
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Predictions Markets
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