⚠️ KALSHI SUED OVER $54M IRAN LEADER BETS
Kalshi is facing a lawsuit after traders say the platform refused to pay out $54M in bets that Iran’s Supreme Leader would leave office before March 1.
The company invoked a “death carveout” rule to avoid full payouts, arguing its markets cannot allow profits directly tied to a person’s death.
Kalshi’s CEO said the platform will refund all fees from the Khamenei market.