FlightAware drops lawsuit against Kalshi one day after filing

Read original at The Block·

FlightAware drops lawsuit against Kalshi one day after filing

60-second summary

FlightAware is dropping its lawsuit against Kalshi, a prediction market platform, just one day after filing the complaint. The lawsuit alleged that Kalshi improperly used FlightAware's data and trademark to run prediction markets on flight cancellations, potentially affecting millions of travelers worldwide.

The flight tracker previously claimed that Kalshi improperly used its data and trademark to run prediction markets on flight cancellations.