Kalshi's Dubious Data Deals Expose Dark Side of Prediction Markets The lawsuit filed by FlightAware against Kalshi has reignited concerns over the ethics and regulation of prediction markets.
At issue is not just Kalshi's unauthorized use of FlightAware's data, but also a broader problem: how these platforms treat sensitive information.
Kalshi's actions are a clear breach of terms, but they're not an isolated incident. Prediction markets like Kalshi have been criticized for encouraging the mass disruption of air travel.