Summary
- The Massachusetts Attorney General has filed a lawsuit against Kalshi.
- Kalshi said it is proud to be a company that pioneered the technology and said it will defend it in court.
- Kalshi emphasized that prediction markets are a core innovation of the 21st century and should be accessible to all Americans.
The Massachusetts Attorney General has filed a lawsuit against the decentralized prediction market platform Kalshi, and Kalshi said it will respond head-on.
On the 13th (local time), according to Cointelegraph, Kalshi said, "We are proud to be a company that pioneered this technology and are ready to defend it in court once again."
The company also emphasized, "Prediction markets are a core innovation of the 21st century and should be accessible to all Americans." Meanwhile, earlier the Massachusetts Attorney General filed a lawsuit alleging Kalshi provided sports prediction betting services without a license.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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