Utah charges Kalshi and its founders, escalating a fight over who can regulate prediction markets

Utah is pursuing criminal charges against prediction market operator Kalshi and two executives, after a federal judge rejected Kalshi’s effort to prevent Utah from enforcing its anti-gambling laws …

Utah is pursuing criminal charges against prediction market operator Kalshi and two executives, after a federal judge rejected Kalshi’s effort to prevent Utah from enforcing its anti-gambling laws …

Source: Utah News