New York Sues Kalshi to Halt Prediction Market Over Alleged Illegal Gambling

CNBC Finance reports that New York Attorney General Letitia James has filed a lawsuit in Manhattan state court against Kalshi, accusing the platform of operating an unauthorized wagering business. The state seeks a permanent injunction and significant financial penalties for the
CNBC Finance reports that New York Attorney General Letitia James has filed a lawsuit in Manhattan state court against Kalshi, accusing the platform of operating an unauthorized wagering business. The state seeks a permanent injunction and significant financial penalties for the