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CFTC Sues Utah to Protect Kalshi and Prediction Markets

CoinCentral·October 28, 2026·1 min read
CFTC Sues Utah to Protect Kalshi and Prediction Markets

The CFTC sued Utah and Attorney General Derek Brown on Monday, arguing the state intrudes on federal authority over prediction markets. Utah had sued Kalshi for up to $60 million in profits tied to event contracts. This is the CFTC's tenth lawsuit against a state.

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