Policy
CFTC Chair Calls Utah's Kalshi Prosecution 'Blatant Overreach'
The Defiant·October 29, 2026·1 min read
The CFTC Chair called Utah's prosecution of Kalshi 'blatant overreach.' A federal lawsuit seeks to block Utah enforcement, but the state has already won an initial ruling against the prediction market exchange. The case highlights regulatory tensions between state and federal oversight.
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