Utah AG sues Kalshi, pursues profits from prediction market company
Summary
Utah's Attorney General is taking legal action against prediction market platform Kalshi. The state official argues that the company operates as a public nuisance and inflicts significant harm on local residents.
Derek Brown likened the prediction market company to a “public nuisance“ that was “causing a significant and substantial ongoing harm“ to state residents.
Source: Read the full story at Cointelegraph.com News
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