A federal judge dismissed fraud charges against Indian energy magnate Gautam Adani and his nephew, citing insufficient evidence in the Justice Department’s case. Judge Nicholas Garaufis criticized the department’s rationale, noting that Trent Mc Cotter failed to substantiate key claims. The ruling did not hinge on Adani’s $10 billion U.S. investment pledge. Separately, flight-tracking platform Flight Aware sued Kalshi over unauthorized use of its data for flight-cancellation prediction markets. Kalshi allegedly continued operating betting pages despite Flight Aware’s demands to cease. The complaint was filed in the U.S. District Court for the Southern District of New York.

The Adani case highlights ongoing scrutiny of corporate conduct in global energy sectors. While the dismissal may impact Adani’s legal standing, it underscores judicial pushback against prosecutorial overreach. The Flight Aware-Kalshi dispute reflects broader tensions between data providers and prediction-market platforms.

Both developments illustrate challenges in regulatory enforcement and data governance. Adani’s case involves complex international business practices, whereas the Kalshi issue centers on contractual and privacy concerns. These cases may set precedents for similar legal and technological disputes.