Kalshi Threatens Netflix With Defamation Suit Over Prediction Market Doc Trailer

Prediction market platform Kalshi sent Netflix a cease-and-desist letter threatening a defamation suit over the trailer for the upcoming documentary "The Prediction Games," premiering Sunday. Kalshi's lawyers say the trailer is "misleading" because it shows traders celebrating earnings at a time when a court ordered the app to block sports-related markets in Nevada. The company argues the footage wrongly links its platform to the restricted markets.

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