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bitcoin newsOct 29, 2026AI summary

Utah Brings Illegal Gambling Charges Against Kalshi

Edited by Steinar Vigdel Kolnes, Editor, Oslo

Utah has filed criminal charges against prediction platform Kalshi and its co-founders over alleged illegal gambling, according to CoinDesk.

Utah Brings Illegal Gambling Charges Against Kalshi

Utah has brought criminal charges against prediction platform Kalshi and its co-founders, CoinDesk reported.

The case concerns allegations of illegal gambling. Both the company and its co-founders face charges, according to the report.

The available report did not detail the specific counts, identify the co-founders charged or include a response from Kalshi. The charges are allegations, not findings of guilt.

Source: CoinDesk

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