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Utah files criminal charges against prediction market platform Kalshi

Utah filed criminal charges against prediction market platform Kalshi and its two co-founders, CEO Tarek Mansour and COO Luana Lopes Lara.

  • Utah filed criminal charges against KalshiEX LLC, CEO Tarek Mansour, and COO Luana Lopes Lara.
  • The state accuses the platform of illegally promoting online gambling.
  • The CFTC and the US Department of Justice jointly sued Utah regarding state enforcement.
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