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Utah sues Kalshi and Susquehanna firms, seeking up to 61.2 million dollars in fees from Utah accounts, The Block reports
- Utah sues Kalshi and Susquehanna firms, seeking up to 61.2 million dollars in fees from Utah accounts, The Block reports — Utah Attorney General Derek Brown sued Kalshi and two Susquehanna trading firms on October 20, alleging illegal gambling and estimating Kalshi collected 30.6 million to 61.2 million dollars in fees from about 32,940 Utah accounts. The complaint, described as the first state attorney general action targeting prediction market makers, seeks to block sports, election, politics, culture and mentions contracts in the state. (The Block)
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