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FlightAware sues Kalshi over unauthorized use of data

Benzinga Prediction Markets +1 ·

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  1. 1Aviation data provider FlightAware has filed a lawsuit against prediction market operator Kalshi.
  2. 2FlightAware alleges that Kalshi used its name, trademarks, and data without permission and identified it as a primary source for contract settlements.
  3. 3Kalshi launched its flight cancellation market in July, and the lawsuit comes amid its review of a potential IPO that could value the company at roughly $40 billion.

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