The pile of lawsuits against Kalshi just grew by one

Crypto Insight Summary: Arkansas has accused the prediction market of running illegal gambling, joining Utah and several other U.S. states that have filed criminal or civil charges. Crypto Insight Analysis: Direction: Bearish Kalshi Impact: No Impact Horizon: Mid-term (1-8 weeks) Reasoning: More state lawsuits may pressure Kalshi's U.S. operations but have little direct effect on the crypto market.