![\"FlightAware](\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/hi-coin-moving-ahead-with-release-but-progress-delayed.jpg\")
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The legal action against Kalshi focused on trademark infringement and injury to its reputation in addition to citing state authorities comparing the company\u2019s contracts to gambling.<\/p>\n
FlightAware, a company that offers real-time status and information about flights globally, filed a lawsuit against Kalshi in a New York federal court over the prediction markets platform using its \u201cdata and name to run gambling markets on flight cancellations.\u201d<\/p>\n
In a Monday filing in the US District Court for the Southern District of New York, the company said<\/a> that despite repeated demands for Kalshi to stop using its registered trademark and offering bets \u201cverified by FlightAware\u2019s data,\u201d the prediction market has continued to list event contracts based on flight cancellations.\u00a0<\/p>\n The lawsuit cited authorities\u2019 claims that event contracts on prediction market platforms like Kalshi were \u201cwagers\u201d in violation of state laws, adding that the company\u2019s expansion to trading on commercial flights starting in July was associating FlightAware with activities potentially harming its reputation. FlightAware sought to \u201cstop Kalshi\u2019s illicit behavior before there is any harm to public safety.\u201d<\/p>\n