Policy
Utah Brings Criminal Charges Against Kalshi and Its Co-Founders
The Defiant·October 28, 2026·1 min read
Utah filed criminal charges against Kalshi and its co-founders, listing 13 felony counts and one misdemeanor. The CFTC is seeking to block Utah's enforcement of gambling laws against federally regulated markets, escalating the legal battle over event contracts and prediction markets.
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