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  • Kalshi and its co-founders face felony charges for violating Utah gambling lawsarstechnica.com· 16d

    Utah's attorney general filed criminal charges against prediction-market Kalshi and its co-founders — 13 felony counts and a misdemeanor each over sports bets — weeks after Utah won a federal ruling letting it enforce its gambling ban. Kalshi calls the charges a political overreach, the CFTC is suing Utah to stop it, and a likely Supreme Court fight looms.

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