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Arkansas Attorney General Tim Griffin sues Kalshi, accusing it of running an illegal gambling operation, CoinDesk reports
- Arkansas Attorney General Tim Griffin sues Kalshi, accusing it of running an illegal gambling operation, CoinDesk reports — Arkansas sued Kalshi on Wednesday, with Attorney General Tim Griffin saying wagering on sports on an unregulated platform is prohibited by state law and asking a judge to declare that Kalshi broke the state deceptive trade practices act. Utah filed 14 criminal charges against Kalshi and its co-founders last week, and the CFTC has sued Utah arguing only the federal government can regulate these contracts. (CoinDesk)
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