FlightAware, a flight-tracking company, has dropped its lawsuit against Kalshi, as reported by CoinDesk. The company chose to dismiss the lawsuit voluntarily, without prejudice, and without sharing its reason for doing so.
The lawsuit was related to a market niche for flight cancellations that Kalshi offered. However, data shows that this market never gained significant traction with Kalshi users.
The decision to drop the lawsuit brings an end to the legal proceedings between the two companies, at least for the time being, given that it was dismissed without prejudice.