What You Should Know about Kalshi
Prediction market faces legal challenges on multiple fronts.
Stanley et al. v. Activehours, Inc. d/b/a Earnin
19-cv-5543, N.D. Cal.
(Sept. 2019)
Earnin app-based payday lending services
Misleadingly marketing that users can get immediate access to earnings “with no loans, fees, or hidden costs” when they are charged undisclosed fees
Settled
(Final approval granted)
http://www.perksearninsettlement.com/
Prediction market faces legal challenges on multiple fronts.
Julie O’Connor, NJ Spotlight News
Sara Talpos, Med Shadow
Ingredient claims come into the limelight.
Beware of food images wrapped in deception.