The prediction market platform Kalshi is facing potential legal action due to the settlement of markets related to the death of Khamenei

The prediction market platform Kalshi is facing controversy over its settlement method related to the death of Khamenei, and is facing potential legal action.

The company chose to pay traders at the last trading price before the death and refund fees, rather than actively settling, with the CEO stating that this decision was due to U.S. regulatory restrictions. Former New York legislator Ben Geller is organizing affected users to prepare a class action lawsuit.