Utah Takes Kalshi to Court, Seeks $60 Million in Alleged Profits From Residents
Photo: Crypto Economy
TL;DR: The Utah Attorney General’s Office filed a civil lawsuit against five Kalshi entities and two Susquehanna firms for operating illegal gambling within the state. State authorities are seeking restitution ranging between $30.6 million and $61.2 million in fees collected from local users through October 19, 2026. The legal action marks the first time institutional ... Read more
Source: Crypto Economy
