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HomeCryptoRegulationNew York seeks $36 billion from Kalshi in gambling law…

New York seeks $36 billion from Kalshi in gambling lawsuit

The state is pursuing at least $36 billion in compensatory damages while awaiting a full accounting of the alleged losses.

New York State is suing Kalshi over claims tied to alleged illegal gambling activity, according to The Block.

The lawsuit seeks at least $36 billion in compensatory damages, with the state also indicating it will seek further amounts pending a full accounting.

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