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BREAKING01:36 AM
Fluid Co-founder Confirms Vaults Rehypothecate Collateral and Lack Full Isolation↗
Alert01:36

Fluid Co-founder Confirms Vaults Rehypothecate Collateral and Lack Full Isolation

Alert01:06

Lighter Spot Goes Live with ETH: Launch Details & Incentives

Gov01:05

X Terminates EU Commission Ad Account Citing Reach Manipulation

Alert00:54

Jupiter COO Admits 'Zero Contagion Risk' Marketing Was Inaccurate

Alert00:21

Whale Fat-Fingers $2M HYPE Sell Order, Triggering 2.6% Flash Crash

Crypto00:06

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Macro00:05

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Alert22:06

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Crypto22:06

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Alert22:06

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Macro22:06

US Market Share Volume Hits Record Highs Amid Retail Boom

Crypto22:06

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Summary22:00

24H Summary: Hyperliquid Integrates Native USDC & French Bank BPCE Enters Crypto

Summary21:15

6 Hour Summary: Jupiter Retracts 'Zero Risk' Claims & Hyperliquid Lists SOL Ticker

Gov21:06

Poland Becomes Sole EU MiCA Holdout After Parliament Fails to Overturn Veto

Crypto21:06

CZ Emphasizes Strict Private Key Isolation for Hardware Wallets

Macro21:06

US Small Business Bankruptcies Surge to Records as Inflation Persists

 
Crypto

Kalshi Inc. Sued in Class Action Over Alleged Market Manipulation and Unlicensed Betting

11/29/2025, 00:35
AI SUMMARY
●Kalshi Inc. faces class action lawsuit in New York
●Allegations include unlicensed sports betting and misleading users
●Lawsuit claims affiliate Kalshi Trading set unfavorable odds
According to Bloomberg reports cited by Wu Blockchain, Kalshi Inc. faces a proposed class action lawsuit in New York. The allegations claim the prediction market platform operated unlicensed sports betting and misled users regarding its market-making practices. The lawsuit specifically accuses Kalshi of allowing its affiliate, Kalshi Trading, to set odds that were unfavorable to customers.

Sources (1)

01@WuBlockchain↗
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