Utah has initiated criminal proceedings against prediction market platform Kalshi alongside its two co-founders, alleging that the firm unlawfully facilitates betting operations inside the state….
The Commodity Futures Trading Commission has expanded its extensive collection of court battles against individual states to safeguard its status as the exclusive regulatory body…
On Tuesday, Utah filed a lawsuit against Kalshi and a pair of Susquehanna trading entities, claiming they operate an unauthorized wagering enterprise within its borders….