CryptoHypeBuster

Utah Files Felony Charges Against Kalshi, Co-Founders Over Sports Bets

Decrypt · Thu, 29 Oct 2026 11:06:40 GMT

Hype 0/100 · Market impact 15/100 · Breaking 45/100

Utah filed felony charges against Kalshi and its co-founders over sports betting, saying an undercover agent placed a dozen sports wagers on the platform one day after the CFTC sued the state to block its enforcement actions.

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