Arkansas Accuses Kalshi of Hiding Risks and Allowing Underage Users
Photo: TokenPost
Arkansas has accused Kalshi of concealing trading risks and allowing users younger than 21 to use its products, bringing a state legal challenge against the prediction market platform. The allegations focus on both who could access Kalshi’s products and what the company told customers about trading there. Arkansas alleges Kalshi knew professional traders and insider trading could pose risks on its platform. The state says Kalshi nevertheless presented the service to users as legal and safe without disclosing those risks. Arkansas is seeking taxes it says Kalshi failed to pay during its time operating in the state.
Source: TokenPost
