Kalshi Faces Class Action Over $54M Khamenei Market After Invoking 'Death Carveout' Post-Killing
Kalshi was sued in a proposed class action alleging it refused to pay $54 million owed to traders who correctly bet that Iranian Supreme Leader Ali Khamenei would leave office before April 1, 2026. Khamenei was killed Feb. 28 in joint U.S.-Israeli airstrikes. The platform invoked a pre-existing "dea