kalshi restitution?
Been following the ongoing ny Kalshi lawsuits and was wondering what people think the chances are of there ever being some kind of restitution/refund program if things ultimately go against Kalshi.
For context, I was under 21 when I used Kalshi, all of my trades were on sports markets, and I ended up losing around $5k total. All of my activity also happened after the 7/7 decision, which in my understanding determined that ny could enforce their gambling laws against Kalshi (correct me if I'm wrong).
I've completely quit since then and honestly just look at the $5k as a pretty expensive lesson at this point lol. I'm not counting on ever seeing that money again.
But I'm still curious,,, if these lawsuits/regulatory challenges eventually go against Kalshi, is there actually a scenario where users like me could file a claim and potentially get some or all of their losses back? Especially considering I was under 21 at the time and only used the sports markets. Or is restitution basically a long shot even if Kalshi loses?
Would be interested to hear from anyone who follows these cases or knows how restitution has worked in similar situations.
don't wanna be overly optimistic but still would like to know if there's even a slightest chance of recovering losses in the near future.
(edit: I appreciate all legit advice/opinions, NOT asking for any moral judgement... already having a hard time with recovering from the 5k loss... if you still feel the need to leave a snobby comment after reading this I hope everyone treats you the same at the hardest time of your life the way you're treating me now. )