# Utah files criminal charges against Kalshi and its co-founders

https://mins.news/en/item/120042

- The Guardian, 2026-10-29 01:56 UTC
- Other
- Original: https://www.theguardian.com/us-news/2026/oct/28/utah-criminal-charges-kalshi

> Utah charged prediction-market operator Kalshi and two executives with offenses including violating the state’s gambling ban and profiting from illegal activity. Kalshi called the case “crazy overreach” and said it would fight in court, as states and the federal government dispute who regulates such markets.

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