Kalshi Claims ‘Extortion,’ Then Recants in Feud Over User Losses
Feb 4, 2026 · It began innocuously enough. A stock analyst pulled data on betting results to argue that users of booming prediction markets were losing money faster than on traditional gambling apps.
Analyst Finds Kalshi Users Lose Money Faster Than Gamblers ...
Feb 4, 2026 · After Gold rejected those requests, Kalshi maintained that it disagreed with the Citizens analysis but backed away from the extortion claim. Diana said the company was reviewing whether …
Kalshi Disputes Data Showing New Users Lose Faster Than on ...
6 days ago · Kalshi retreats from extortion claim after data suggests prediction market users lose faster than sportsbook bettors.
Kalshi Withdraws ‘Extortion’ Charge after Clashing with Juice ...
Feb 4, 2026 · Prediction market giant Kalshi briefly accused a data startup of extortion after a report suggested its users were losing money at a faster rate than traditional sports bettors. A dispute …
Kalshi rescinds extortion claims against Juice Reel’s data
6 days ago · Kalshi has rescinded an allegation of “extortion” against startup Juice Reel, which provided data that showed users of prediction markets often faced more significant losses than those who …
Kalshi Retracts Extortion Allegations Following Dispute Over ...
6 days ago · Kalshi withdrew formal accusations of extortion against Ricky Gold, the founder of data tracking app Juice Reel. The conflict began after Citizens analyst Jordan Bender published a report …
Kalshi Fires Back After Bank Report Claims Prediction Markets ...
6 days ago · PR debacle Kalshi has responded after a new Wall Street research report claimed daily users of the prediction market platform appear “to lose money faster” than those using traditional …