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Utah files criminal charges against prediction market Kalshi and company co-founders

29 Oct 2026, 01:56 UTC · 2 independent sources
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🚨 UTAH FILES CRIMINAL CHARGES AGAINST KALSHI Utah filed criminal charges Wednesday against prediction market operator Kalshi and two of its executives. The charges include violating the state gambling ban and profiting from illegal activity. A federal judge rejected Kalshi’s effort to block Utah from enforcing its anti-gambling laws. Source: The Guardian, Al Jazeera #Utah #Kalshi #companycofounders #criminalcharges

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