Kalshi Slapped With Criminal Charges in Utah Over a State Agent’s Sports Wagers
Photo: Unchained
State prosecutors say an investigator kept betting from Utah after federal courts refused to pause the state’s gambling ban, days after the CFTC sued to stop Utah’s case. Kalshi, CEO Tarek Mansour and COO Luana Lopes Lara now face criminal charges in Utah. The state’s 14-count filing , dated October 28, is built on 12 wagers a state agent placed on the platform in September, weeks after federal courts declined to shield the company from the state’s gambling ban. Twelve of the counts are online gambling promotion , a third-degree felony, one for each wager.
Source: Unchained
