FlightAware abruptly drops lawsuit against Kalshi over flight data
FlightAware withdrew its lawsuit against Kalshi over flight‑cancellation bets, citing no reason and leaving the case open for refiling.Summary
FlightAware filed a lawsuit in a New York federal court alleging that prediction market Kalshi used its flight data and trademark without permission to operate flight‑cancellation betting contracts. One day later, FlightAware voluntarily dismissed the case without prejudice, offering no explanation for the withdrawal. The lawsuit highlighted concerns that such contracts could incentivize malicious flight disruptions, but the market had attracted minimal activity—only about $1,800 in total volume and a small number of open contracts—while Kalshi’s overall trading volume exceeded $148 billion. Kalshi subsequently paused its flight‑cancellation contracts after social media backlash over potential abuse. The dismissal leaves FlightAware free to refile the suit and underscores an unresolved legal question about whether prediction markets may rely on third‑party data and trademarks absent a commercial agreement.
(Source：Headtopics)