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Utah Takes Legal Action Against Prediction Market Kalshi Amid Gambling Allegations

Crypto News

Utah Takes Legal Action Against Prediction Market Kalshi Amid Gambling Allegations

Utah charges predictions platform Kalshi with illegal gambling

CoinDesk

Utah charges predictions platform Kalshi with illegal gambling

Utah has filed criminal charges against betting platform Kalshi and its co-founders.

Utah Files 14 Felony Counts Against Kalshi’s CEO and COO

The Crypto Times

Utah Files 14 Felony Counts Against Kalshi’s CEO and COO

Utah filed 14 felony counts each against Kalshi co-founders Tarek Mansour and Luana Lopes Lara over an undercover betting sting.

Utah Brings Criminal Charges Against Kalshi and Its Co-Founders

The Defiant

Utah Brings Criminal Charges Against Kalshi and Its Co-Founders

The charging information lists 13 felony counts and one misdemeanor as the CFTC seeks to block Utah’s enforcement of gambling laws against federally regulated markets.... Read the full story at...

CFTC sues Utah to block action against prediction markets

Cointelegraph

CFTC sues Utah to block action against prediction markets

The US state filed a lawsuit against Kalshi last week, seeking to recover up to $60 million in profits related to event contracts on prediction markets.

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