Kalshi ‘ready to defend’ prediction markets amid Massachusetts lawsuit
2025/09/13 09:07
In comments to Cointelegraph, Kalshi claimed that Massachusetts is “trying to block Kashi’s innovations by relying on outdated laws."
Prediction market platform Kalshi has vowed to fight a new lawsuit from the US state of Massachusetts, which accuses the company of offering unlicensed sports betting to residents.
“We are proud to be the company that has pioneered this technology and stand ready to defend it once again in a court of law,” a spokesperson for Kalshi told Cointelegraph on Friday.
“Prediction markets are a critical innovation of the 21st century, and all Americans should be able to access them,” Kalshi added.
Read more
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights
You May Also Like
U.S. stocks closed: the three major stock indexes rose and fell, and Circle rose 34%
PANews reported on June 19 that the US stock market closed on Wednesday, with the Dow Jones Industrial Average initially closing down 0.1%, the S&P 500 down 0.03%, and the
Share
PANews2025/06/19 07:27
Share
Explore Blockchain Breakthroughs at Cosmoverse 2025 Split, Croatia
Detail: https://coincu.com/blockchain-event/cosmoverse-2025-split/
Share
Coinstats2025/09/13 11:50
Share
A ‘Violation Of Public Trust’: Coinbase Demands Sanctions Over SEC’s Missing Texts Episode
Coinbase has slammed the US Securities and Exchange Commission (SEC) for a “destroy-and-delay approach” to records, accusing the agency of erasing crucial text messages related to pending crypto litigations Related Reading: Crypto Feud: Trump’s CFTC Chair Nominee Accuses Tyler Winklevoss Of Interfering With Confirmation Coinbase Accuses SEC Of ‘Destroying’ Records On Thursday, crypto exchange Coinbase, […]
Share
Bitcoinist2025/09/13 13:00
Share