Kalshi has responded to a smear campaign run by the group FairPredicts by launching a new advocacy group, Americans for Fair Markets (AFM).
The company aims to counter the gaming industry's misinformation about prediction markets with this initiative. FairPredicts has been actively running an ad campaign accusing Kalshi of dishonesty with the tagline 'Kalshi Lies'. In response, Kalshi has established Americans for Fair Markets to combat these allegations.
This move comes as Kalshi seeks to defend its reputation and uphold the integrity of prediction markets amidst the ongoing smear campaign by FairPredicts.
