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Utah files felony charges against Kalshi and its co-founders over illegal gambling promotion, Particle News reports

  • Utah files felony charges against Kalshi and its co-founders over illegal gambling promotion, Particle News reports — Utah's attorney general filed criminal charges on Wednesday against KalshiEX LLC and co-founders Tarek Mansour and Luana Lopes Lara, listing one second-degree felony for a pattern of unlawful activity, 12 third-degree felony counts for online gambling promotion and one misdemeanor. Prosecutors say an undercover agent placed 12 sports wagers on Kalshi in September, risking 114.87 dollars and losing 25.10 dollars. (Particle News)

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