FlightAware sues prediction market platform Kalshi for unauthorized use of flight data in cancellation markets.
Regulation & Gov ·
FlightAware has sued prediction market platform Kalshi, alleging unauthorized use of flight data in connection with Kalshi's cancellation prediction markets. The flight-tracking company is also seeking a temporary restraining order to prevent Kalshi from engaging in activities involving FlightAware's data.
The dispute centers on Kalshi's use of flight information to power betting contracts tied to flight cancellations. FlightAware contends that Kalshi accessed or utilized its proprietary flight-tracking data without authorization, breaching the terms under which such data may be accessed or used.
The case raises questions about data licensing agreements, the permitted use of flight information in financial derivatives markets, and the scope of injunctive relief FlightAware may obtain. The outcome of the restraining order request and the underlying litigation remains unresolved.