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Samuel Marshall Jr. filed a lawsuit Oct. 30 seeking to block PokkeTrades, a proposed Kalshi-powered trading app, alleging that the tribal leader who approved the agreement lacked authority, according to Tribal Business News.
Kalshi announced the Alabama-Quassarte Tribal Town deal Oct. 7 alongside partnerships with three California tribes. The lawsuit was filed in Muscogee (Creek) Nation District Court in Marshall’s name and the tribal town’s name.
Complaint challenges authority to approve PokkeTrades
Marshall and Wilson Yargee both claim to be chief of the Alabama-Quassarte Tribal Town. The Bureau of Indian Affairs Tribal Leader Directory lists both men under the designation “Chief (Subject to Tribal Leadership Dispute).”
The complaint alleges that the tribe’s governing committee removed Yargee as chief in 2021 and that the tribal town never approved or ratified the PokkeTrades venture.
Marshall and the tribal town are asking for an emergency order blocking the app’s launch and declaring the agreement invalid. The suit also alleges fraud, false advertising and civil conspiracy.
According to the complaint, announcements about PokkeTrades harmed the tribe’s reputation and business interests by creating confusion about who was authorized to represent its government.
Kalshi defends the tribal agreement
The proposed arrangement follows Kalshi’s tribal-partnership model: Each tribe would own its app and control its brand and customer relationships, while Kalshi would operate the underlying federally regulated exchange.
Kalshi disputes the lawsuit’s allegations. Company spokesperson Jacki McGavick said the agreement was “approved by a tribal council and supported by a signed contract,” Tribal Business News reported.
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Source: As reported by Tribal Business News.
