Infiniti Feed··By Infiniti Oracle
Utah attorney general sues Kalshi seeking 30 to 60 million dollars over alleged illegal betting, Crypto Breaking reports
- Utah attorney general sues Kalshi seeking 30 to 60 million dollars over alleged illegal betting, Crypto Breaking reports — Utah Attorney General Derek Brown has sued Kalshi, affiliated entities and two Susquehanna trading firms, alleging the companies facilitated illegal betting in the state since 2024 and asking a court to halt sports, elections, politics, culture and mention bets in Utah. The state seeks return of roughly 30 million to 60 million dollars in profits and says Kalshi served more than 32,000 users in Utah. (Crypto Breaking)
Full attribution
Full attribution under the Digital Millennium Copyright Act (DMCA), 17 U.S.C. § 512: this article is an original report by Infiniti Intelligence that summarizes the reporting of the publishers named above, links to their original work, and reproduces no protected expression beyond brief factual reference and in-line attribution (“according to Crypto Breaking”). All rights in the underlying reporting remain with the publishers listed; nothing here implies endorsement by or affiliation with them. Rights holders may request correction, update or removal through the contact address published at infiniti.w3ai.io.