💻 Technology 20h ago · Jon Brodkin

Kalshi and its co-founders face felony charges for violating Utah gambling laws

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Kalshi and its co-founders face felony charges for violating Utah gambling laws
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The Trump administration is trying to stop Utah from enforcing its gambling ban against Kalshi, making Utah the 10th state sued by the US government agency that regulates prediction markets.
Meanwhile, Utah Attorney General Derek Brown filed criminal charges in a state court against Kalshi and its founders on Wednesday. The attorney general's office provided us with court filings listing charges against KalshiEX, LLC, Kalshi co-founder and CEO Tarek Mansour, and Kalshi co-founder and COO Luana L

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