PolicyCointelegraphabout 1 hour ago
Utah AG Sues Prediction Market Kalshi
2 min read
Utah Attorney General Derek Brown announced a lawsuit against Kalshi and affiliates on Tuesday, seeking $30 million to $60 million in profits. The suit alleges the platform illegally offered services to over 32,000 users since 2024, causing significant harm to state residents by facilitating illegal bets on sports, elections, and politics.
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