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Utah Charges Kalshi as Federal Showdown Looms

CoinCentral·October 29, 2026·1 min read
Utah Charges Kalshi as Federal Showdown Looms

Utah filed 14 criminal charges against Kalshi and its two co-founders on October 28, including 13 felony counts and one misdemeanor for alleged illegal gambling. An undercover investigator placed 12 sports trades totaling $114.87 on the platform. Attorney General Derek Brown accused Kalshi of violating state gambling laws.

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