Utah Attorney General Derek Brown has filed a lawsuit against prediction market platform Kalshi, along with its affiliates and two Susquehanna trading companies, accusing the business of...
On October 20, Utah brought a lawsuit against Kalshi’s five companies and two trading companies that belong to Susquehanna, alleging illegal gambling and asking for restitution, injunctions and...
Utah Attorney General Derek Brown has filed a lawsuit against prediction market platform Kalshi, multiple affiliated entities, and two Susquehanna trading firms, alleging the companies have been...
Utah has filed a civil action against prediction market platform Kalshi, accusing it of offering illegal online gambling through markets covering sports, elections and culture.
Derek Brown likened the prediction market company to a "public nuisance" that was "causing a significant and substantial ongoing harm" to state residents.
The state seeks injunctions, restitution and profits, alleging that market makers helped sustain wagering despite Kalshi’s federal court defeat.... Read the full story at The Defiant
First reported:
First saved on ClustZ:
Coverage updated:
We use cookies to improve your experience and analyze site traffic. By clicking "Accept", you agree to our use of cookies. See our Privacy Policy.