Pennsylvania man loses $25K on Kalshi's 15-minute Bitcoin markets
- —Man lost over $25,000 on Kalshi after two years of self-exclusion
- —Main bets were 15-minute Bitcoin price markets, up to 18 hours a day
- —Pennsylvania's self-exclusion list has 30,000+ people; Kalshi is not included
- —Kalshi offered pauses, opt-outs and deposit limits instead of closing the account
Why it matters: The case adds pressure on prediction-market regulation as courts weigh whether they fall under state gambling laws.
Source: 動區 BlockTempo