#Kalshi预测市场争议 The controversy surrounding this prediction market is really escalating. Kalshi is valued at $11 billion, with trading volume surging, but it also faces regulatory risks and user lawsuits. From an industry development perspective, this conflict between regulation and capital is actually quite normal. The key is whether Kalshi can find a balance between compliance and innovation. I think in the short term, they might continue to advance rapidly, after all, the demand is there. But in the long run, if they can't resolve the legal identity issue, they will eventually hit a setback. As an observer, I will closely monitor the legal documents on December 8 and 12 to see how the situation develops. However, regardless of the outcome, this will be an important watershed in the development of prediction markets.