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Utah alleges Kalshi collected up to 61.2 million dollars in fees in CFTC Utah lawsuit, Bitcoin.com reports
- Utah alleges Kalshi collected up to 61.2 million dollars in fees in CFTC Utah lawsuit, Bitcoin.com reports — Bitcoin.com reports the CFTC filed its tenth state lawsuit on Oct. 27, challenging Utah's enforcement against regulated prediction markets, in coverage published at 5:25 PM ET. Utah alleges Kalshi collected up to 61.2 million dollars in fees and caused 5.5 million dollars in resident losses, while the CFTC argues federal law gives it exclusive oversight. (Bitcoin.com)
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