FLIGHTAWARE SUES KALSHI OVER ALLEGED UNAUTHORIZED DATA USE

Summary from the TLDR Crypto newsletter

FlightAware sued Kalshi Monday, alleging Kalshi built flight-cancellation betting markets on FlightAware's data without authorization while implying a close partnership, damaging its reputation. FlightAware is seeking a temporary restraining order and injunctions, citing breach of contract, trademark infringement, and unfair competition, plus safety concerns that the markets could incentivize unsafe tactics to trigger cancellations. This adds to Kalshi's mounting legal fights, including active lawsuits or injunctions from New York, Washington, and Michigan over sports-event contracts, while the CFTC has sued several states to assert federal jurisdiction.