U S District Court FOR THE Southern District OF NEW York
2 STORIESNEWS9D
FlightAware Withdraws Kalshi Lawsuit as Flight-Cancellation Market Struggles for TractionFlightAware has voluntarily dismissed its lawsuit accusing Kalshi of using its flight data and trademark without permission. The withdrawal, filed without prejudice, comes as Kalshi’s flight-cancellation contracts show low trading volume compared with the platform’s broader activity.
NEWS28D
BitMEX Faces Proposed Class Action Over 622.66 BTC as Exchange Plans ShutdownBitMEX is facing a proposed class-action lawsuit alleging unfair liquidations, withheld collateral and insider trading tied to its bitcoin swap products. The case lands as the crypto derivatives exchange prepares to cease operations on Sept. 23 after an 11-year run.