Kalshi and its co-founders, whom the report did not name, face criminal charges in the US state of Utah, Al Jazeera English reported. Before the charges, a federal judge ruled that Utah may enforce its anti-gambling laws against prediction markets, according to the outlet. The specific charges, which Utah authority filed them and when, and any response from Kalshi or its co-founders are not yet known.
BriefSingle-source report, not independently verified
Kalshi and its co-founders face criminal charges in Utah, Al Jazeera English reports
The reported charges follow a federal ruling that Utah may enforce its anti-gambling laws against prediction markets, according to Al Jazeera English
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In 30 seconds
- Kalshi and its co-founders face criminal charges in Utah, Al Jazeera English reported.
- The co-founders were not named in the report.
- A federal judge earlier ruled that Utah may enforce its anti-gambling laws against prediction markets, according to the outlet.
Short summary of reporting by other outlets. Read the full original reporting via the links below.
Sources & attribution
- Al Jazeera EnglishKalshi, co-founders hit with criminal charges in US state of Utah