KALSHI HIT WITH ADDITIONAL CHARGES IN MASSACHUSETTS LAWSUIT ⚖️
A Massachusetts judge just approved an amended complaint against Kalshi — new allegations include targeting under-21 users through campus marketing and operating without a state gaming license. The original case was about unlicensed sports betting; now the AG is piling on.
This adds more regulatory uncertainty to prediction markets. The CFTC already wants federal control, but state-by-state battles keep dragging. Legal costs pile up while the market waits. Are you still using prediction platforms or sitting this out?
Not financial advice. Always manage your risk.
#Kalshi #PredictionMarkets #Regulation #Crypto
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A Massachusetts judge just approved an amended complaint against Kalshi — new allegations include targeting under-21 users through campus marketing and operating without a state gaming license. The original case was about unlicensed sports betting; now the AG is piling on.
This adds more regulatory uncertainty to prediction markets. The CFTC already wants federal control, but state-by-state battles keep dragging. Legal costs pile up while the market waits. Are you still using prediction platforms or sitting this out?
Not financial advice. Always manage your risk.
#Kalshi #PredictionMarkets #Regulation #Crypto
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