Kalshi threatens to sue Netflix over prediction markets documentary trailer

Kalshi, a prediction market platform, sent Netflix a cease-and-desist letter on Friday demanding the removal of a trailer for an upcoming documentary. Kalshi claims the footage is defamatory and contains fabricated content. The letter alleges that the trailer misrepresents Kalshi's operations and could harm its reputation. Netflix has not publicly responded to the demand. The documentary, which focuses on prediction markets, is expected to feature Kalshi prominently. The dispute highlights tensions between emerging financial platforms and media portrayals.