Kalshi, a prediction market firm, faces a class-action lawsuit over a dispute related to the settlement of contracts with Iran.

PANews reported on March 8th that, according to The Information, prediction market Kalshi is facing a class-action lawsuit over settlement issues related to prediction event contracts involving the Iran war. The plaintiffs allege that the platform failed to pay appropriate bonuses to users of the relevant contracts.

The report states that the controversy primarily revolves around contracts related to events concerning whether Khamenei will step down. Previously, Kalshi CEO Tarek Mansour had explicitly opposed profiting from individual deaths and stated that he would refund related fees to the event contract market. This dispute arises against the backdrop of a surge in trading volume in geopolitical prediction markets, which have attracted a large number of users and sparked ethical and regulatory debates about whether trading in events related to war or individual deaths should be permitted.