TLDR
Kalshi falsely announced a partnership with Elon Musk’s xAI, leading to public denials by X and xAI, a Bloomberg retraction, and major credibility fallout. The incident raises concerns over Kalshi’s corporate practices amid heightened regulatory scrutiny and damages trust in its prediction market operations.via the TL;DR App
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Written by jonstojanjournalist | Jon Stojan is a professional writer based in Wisconsin committed to delivering diverse and exceptional content..