BUSINESSJul 31 · 15:48 UTCGOTHAMISTJimmy Vielkind

NY looks to shut down Kalshi, have it pay $36 billion in new lawsuit

New York Governor Hochul and State Attorney General James have filed a lawsuit against Kalshi, alleging that its prediction market is a disguised gambling operation and seeking $36 billion in penalties.

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Kathy HochulpersonLetitia JamespersonKalshiorganizationNew Yorkplaceprediction markettopicgambling operationtopic

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