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CoinbaseKalshi uses ‘death carve-out’ to avoid paying out on...
Coinbase

Kalshi uses ‘death carve-out’ to avoid paying out on Ali Khamenei ousting

Claire Knox
By Claire Knox

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Kalshi apparently allowed traders to bet on Ali Khamenei’s ousting, racked up $54M in trades, then voided the result when he was killed.



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