Kalshi Faces Lawsuits in Two US States, Here’s What We Know
Photo: The Coin Republic
Key Insights: In the prediction markets news, Kalshi faces legal challenges in the US, with an initial court appearance set for December 4. A California judge blocks Kalshi from offering sports contracts on tribal lands. Tribal plaintiffs must submit land maps by November 13 as Kalshi prepares its compliance report. Prediction market Kalshi is facing legal action in Utah and California. Utah prosecutors have brought 14 criminal charges, while a federal judge has barred sports contracts on tribal lands. The cases mark separate legal challenges for the prediction markets operator as both disputes move through the courts today.
Source: The Coin Republic
