Kalshi CEO says lawsuits are the price of being a disruptor

Kalshi CEO Tarek Mansour states that lawsuits against his company are part of a cycle disruptive startups face, comparing it to challenges Uber and Airbnb encountered. Multiple states, including New York, have launched legal actions against Kalshi, alleging its prediction markets constitute illegal gambling, while Kalshi claims compliance with CFTC regulations.