Kalshi Slapped With Criminal Charges in Utah Over a State Agent’s Sports Wagers

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. The state added a second-degree felony count of pattern of unlawful activity, which treats the fees Kalshi collected as proceeds of that conduct, and a class A misdemeanor count of general gambling promotion. Get Unchained’s crypto news in your inbox with the free Unchained Daily newsletter .

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