Prediction market Kalshi has drawn outrage for refusing to pay out winnings on a $54 million trade related to the death of Iranian Supreme Leader Ayatollah Ali Khamenei. The New York Post reports that many bettors on Kalshi assumed they had won big on wagers that Ayatollah Khamenei would be out as Supreme Leader of Iran by Saturday after he was killed in joint US-Israeli air strikes over the weekend. However, Kalshi, an American prediction market that allows users to bet on politics, sports, foreign affairs and pop culture, announced it would not be paying out any winnings on those wagers, sin
Prediction market Kalshi has drawn outrage for refusing to pay out winnings on a $54 million trade related to the death of Iranian Supreme Leader Ayatollah Ali Khamenei. The New York Post reports that many bettors on Kalshi assumed they had won big on wagers that Ayatollah Khamenei would be out as Supreme Leader of Iran by Saturday after he was killed in joint US-Israeli air strikes over the weekend. However, Kalshi, an American prediction market that allows users to bet on politics, sports, foreign affairs and pop culture, announced it would not be paying out any winnings on those wagers, sin