What You Should Know about Kalshi
Prediction market faces legal challenges on multiple fronts.
In March 2017, a class-action lawsuit was filed against North American Bancard (a payment processing company) doing business as Pay Anywhere, LLC for allegedly misrepresenting the cost of card readers (devices used to process credit card transactions in connection with a business). The complaint alleges that the company misrepresents that individuals will not be charged fees unless they use the device to process credit card transactions when, according to the complaint, the named plaintiff never used the card reader and was still charged fees. (McGhee et al v. North American Bancard, LLC, Case No. 17-cv-586, S. D. CA.)
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.