FlightAware's Fight Against Unsanctioned Speculation FlightAware, a flight tracking service, has sued Kalshi for using its data and name without permission.
This case isn't just about intellectual property theft; it also highlights concerns that prediction markets may be veering into uncharted territory.
Critics of Kalshi's announcement in July, which allowed customers to bet on flight cancellation risk, argued that these markets could create perverse incentives for individuals to disrupt air travel or cause airport closures.