FlightAware Sues Kalshi Over Alleged Unauthorized Use of Flight Data in Cancellation Betting Markets
FlightAware has filed a lawsuit against Kalshi, accusing the prediction-market operator of using its flight-tracking data without permission to offer betting markets on flight cancellations, according to The Block and CoinDesk.
FlightAware is seeking a temporary restraining order to block Kalshi from further activities involving its data, according to The Block.
The complaint also raises claims of trademark infringement and reputational harm, and points to state authorities that have compared Kalshi’s contracts to gambling, according to Cointelegraph.
The suit adds to a string of legal and regulatory challenges facing Kalshi as it expands into sports and event-based prediction markets, drawing scrutiny over how it sources data and how its contracts are classified.
Sources: The Block, CoinDesk, Cointelegraph
This article is for information only and is not financial advice.
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