According to @moreperfectunion.bsky.social New York is seeking $36 billion in damages. Kalshi is valued at $22 billion. 😈
Department of Class SolidarityBREAKING: New York just sued Kalshi for running an illegal gambling operation. The lawsuit filed today by New York Attorney General Letitia James alleges Kalshi circumvented obtaining a state gambling license to avoid regulation and taxes.