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Utah files criminal charges against prediction market Kalshi and company co-founders

Image: The Guardian

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  • The Guardian · October 29, 2026 01:56
    Firm calls charges, which include violating state gambling ban and profiting from illegal activity, ‘crazy overreach’ Utah on Wednesday filed criminal charges against prediction market operator Kalshi and two of its executives, months after a federal judge rejected Kalshi’s effort to prevent Utah…