Kalshi Hit With Federal Lawsuit Over Cancellation Contracts

TLDR

• FlightAware sued Kalshi in the U.S. District Court for the Southern District of New York on August 10.
• The lawsuit accuses Kalshi of using FlightAware’s data and name without permission for flight cancellation markets.
• FlightAware alleges breach of contract, trademark infringement, and unfair competition.
• Kalshi told traders that flight cancellation outcomes would be verified using FlightAware data, according to the complaint.
• FlightAware is seeking temporary, preliminary, and permanent injunctions to stop Kalshi from using its data in these markets.

FlightAware has sued Kalshi in New York federal court, seeking to stop flight cancellation contracts using its data and name. The flight tracking company says Kalshi relied on FlightAware information to settle contracts without permission and made users believe the companies had a business relationship.

The complaint, filed August 10 in the U.S. District Court for the Southern District of New York, names four Kalshi entities. FlightAware alleges breach of contract, trademark infringement, and unfair competition. It asks the court to block markets tied to its data.

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