FlightAware drops Kalshi lawsuit one day after filing
60-second summary
FlightAware drops its lawsuit against Kalshi, a decentralized derivatives exchange, just one day after filing, following a reported change to at least one of Kalshi's event contracts. The contract now lists "Primary Source Agency" as the entity verifying flight cancellation data, potentially mitigating the dispute's impact on Kalshi's operations and market reputation.
Following the initial lawsuit, at least one of Kalshi’s event contracts was changed to list “Primary Source Agency” as the entity behind verifying flight cancellation data.