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Today in crypto, Kalshi facing lawsuit over Khamenei market policy, Grok has sparked widespread buzz on X after delivering a series of explicit roasts targeting high-profile figures, and US President Donald Trump has released the US Cyber Strategy document.
Prediction market platform Kalshi is facing a class action lawsuit over its decision to void winning trades in a prediction market that was gauging when the former Iranian Supreme Leader, Ali Khamenei, would abdicate power.
The plaintiffs claimed that Kalshi did not properly notify participants of the death carveout policy, which does not allow users to profit from death or outcomes involving death.
