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Utah charges Kalshi, executives as prediction markets face legal showdown

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The Hill
“Utah charges Kalshi, executives as prediction markets face legal showdown”

Utah is bringing criminal charges against Kalshi and two of the company's top executives, alleging they illegally profited from promoting and offering online gambling within the state. The prediction market platform, alongside CEO Tarek Mansour and chief operating officer Luana Lopes Lara, is facing 13 felony counts and one misdemeanor count, according to a recent...

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