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New York attorney general seeks order compelling Kalshi to comply with subpoena

Regulation1 min read

New York Attorney General Letitia James filed a state-court petition seeking an order requiring Kalshi to comply with a subpoena, the report said. The filing concerns the company’s advertising and claims about operating without a house, but the report gives no further details on the requested order.

New York Attorney General Letitia James has reportedly filed a petition in state court asking for an order to force Kalshi to comply with a subpoena.

The filing reportedly targets Kalshi’s advertising and its “no-house” claims. It reportedly adds to growing regulatory and legal scrutiny of the prediction market operator.

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