Utah Files Criminal Charges Against Kalshi and Its Co-Founders
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Utah prosecutors charged Kalshi and its two co-founders after an undercover investigator placed 12 sports bets on the platform, Bitcoin.com News reported.
Utah prosecutors have brought criminal charges against Kalshi, CEO Tarek Mansour and COO Luana Lopes Lara over sports betting on the platform, according to Bitcoin.com News.
The Utah Attorney General’s Office filed the case in state court on Wednesday. The charges include 13 felony counts and one misdemeanor.
The filing followed an undercover operation in which a state investigator placed 12 sports bets through Kalshi. The supplied report excerpt did not detail the individual counts or include a response from the company or its co-founders.
Source: Bitcoin.com News
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