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Utah Files Criminal Charges Against Kalshi and Its Co-Founders

Utah authorities have filed criminal charges against prediction market platform Kalshi, naming the company's CEO and COO as co-defendants.

HighRisk Media Newsroom, , 1 min read · Читать по-русски

Utah Files Criminal Charges Against Kalshi and Its Co-Founders

Utah, known for its strict anti-gambling policy, filed a criminal complaint against Kalshi on Wednesday. According to the source's announcement, the complaint includes 14 charges, while the headline of the same material cites 13 felony-level charges. The source text is inconsistent on this point, so the exact number of charges cannot be established from the available material.

The complaint brings charges of second- and third-degree felonies. The co-defendants are the company's co-founders: CEO Tarek Mansour and COO Luana Lopez Lara.

According to the source, Utah's move is the latest escalation in the state's conflict with the prediction markets industry.

Sources

Prepared by AI from the sources above and checked against them. Spotted a mistake? Write to @highrisk_team.

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KalshiPrediction MarketsUtahGambling RegulationUS Law