Utah files criminal charges against Kalshi over alleged illegal gambling
CIE News ·
Based on reporting by CoinDesk; not yet independently confirmed.
The state of Utah has filed criminal charges against prediction platform Kalshi and its co-founders over allegations of illegal gambling, according to CoinDesk.
The state of Utah has filed criminal charges against prediction market platform Kalshi, according to CoinDesk. The legal action also targets the company's co-founders. Authorities filed the charges based on allegations of illegal gambling.
Key facts
- Criminal charges filed
- Targeted Kalshi and co-founders
- Illegal gambling allegations
- Filed by state of Utah