{"id":199597,"date":"2025-12-18T21:32:46","date_gmt":"2025-12-18T21:32:46","guid":{"rendered":"https:\/\/dailytalks.org\/?p=199597"},"modified":"2025-12-18T21:32:46","modified_gmt":"2025-12-18T21:32:46","slug":"prediction-market-kalshi-hit-with-class-action-alleging-illegal-sports-betting-and-rigged-market-making","status":"publish","type":"post","link":"https:\/\/dailytalks.org\/?p=199597","title":{"rendered":"Prediction Market Kalshi Hit With Class Action Alleging Illegal Sports Betting and Rigged Market-Making"},"content":{"rendered":"<p>Prediction market platform Kalshi is facing a proposed class action in New York accusing it of running unlicensed sports betting and misleading customers about how its markets operate.\u00a0 The suit, filed by seven users and led by plaintiff firm Lieff Cabraser Heimann &#038; Bernstein, says Kalshi markets \u201clegal sports betting\u201d despite lacking gaming licences in [\u2026]<br \/>\nThe post Prediction Market Kalshi Hit With Class Action Alleging Illegal Sports Betting and Rigged Market-Making appeared first on Crypto News Australia&#8230;<br \/><a href=\"https:\/\/cryptonews.com.au\/news\/prediction-market-kalshi-hit-with-class-action-alleging-illegal-sports-betting-and-rigged-market-making-131961\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Prediction market platform Kalshi is facing a proposed class action in New York accusing it<\/p>\n","protected":false},"author":1,"featured_media":199598,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26],"tags":[],"class_list":["post-199597","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lse-mrkt"],"featured_image_urls":{"full":["https:\/\/dailytalks.org\/wp-content\/uploads\/2025\/12\/199597-prediction-market-kalshi-hit-with-class-action-alleging-illegal-sports-betting-and-rigged-694473123295d.jpg",1920,1440,false],"thumbnail":["https:\/\/dailytalks.org\/wp-content\/uploads\/2025\/12\/199597-prediction-market-kalshi-hit-with-class-action-alleging-illegal-sports-betting-and-rigged-694473123295d-150x150.jpg",150,150,true],"medium":["https:\/\/dailytalks.org\/wp-content\/uploads\/2025\/12\/199597-prediction-market-kalshi-hit-with-class-action-alleging-illegal-sports-betting-and-rigged-694473123295d-300x225.jpg",300,225,true],"medium_large":["https:\/\/dailytalks.org\/wp-content\/uploads\/2025\/12\/199597-prediction-market-kalshi-hit-with-class-action-alleging-illegal-sports-betting-and-rigged-694473123295d-768x576.jpg",640,480,true],"large":["https:\/\/dailytalks.org\/wp-content\/uploads\/2025\/12\/199597-prediction-market-kalshi-hit-with-class-action-alleging-illegal-sports-betting-and-rigged-694473123295d-1024x768.jpg",640,480,true],"1536x1536":["https:\/\/dailytalks.org\/wp-content\/uploads\/2025\/12\/199597-prediction-market-kalshi-hit-with-class-action-alleging-illegal-sports-betting-and-rigged-694473123295d-1536x1152.jpg",1536,1152,true],"2048x2048":["https:\/\/dailytalks.org\/wp-content\/uploads\/2025\/12\/199597-prediction-market-kalshi-hit-with-class-action-alleging-illegal-sports-betting-and-rigged-694473123295d.jpg",1920,1440,false],"chromenews-featured":["https:\/\/dailytalks.org\/wp-content\/uploads\/2025\/12\/199597-prediction-market-kalshi-hit-with-class-action-alleging-illegal-sports-betting-and-rigged-694473123295d-1024x768.jpg",1024,768,true],"chromenews-large":["https:\/\/dailytalks.org\/wp-content\/uploads\/2025\/12\/199597-prediction-market-kalshi-hit-with-class-action-alleging-illegal-sports-betting-and-rigged-694473123295d-825x575.jpg",825,575,true],"chromenews-medium":["https:\/\/dailytalks.org\/wp-content\/uploads\/2025\/12\/199597-prediction-market-kalshi-hit-with-class-action-alleging-illegal-sports-betting-and-rigged-694473123295d-590x410.jpg",590,410,true]},"author_info":{"display_name":"Jonathan Jeriah","author_link":"https:\/\/dailytalks.org\/?author=1"},"category_info":"<a href=\"https:\/\/dailytalks.org\/?cat=26\" rel=\"category\">London Market<\/a>","tag_info":"London 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