 The Recorder has the latest news and analysis for tech-focused legal professionals in Silicon Valley, San Francisco and beyond Kalshi Faces Legal Fire in NY Over Prediction Market for Death of Iranian Leader
2026-03-25 21:55 UTC by The RecorderAlyssa Aquinohttps://feeds.feedblitz.com/-/947951327/0/therecorder.jpgLitigation/Class Actions/Consumer Protection/Entertainment and Sports Law/TechnologyKalshi refused to provide full payouts to users who predicted that Ali Khamenei, Iran's supreme leader, would be “out of leadership by April 1, 2026, citing a policy against letting users benefit from someone's death. But a lawsuit claims Kalshi misled users on the rules of the market. 
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