https://www.live-feeds.com/feed/utah-files-criminal-charges-against-prediction-market-kalshi-and-company-co-foundersContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/utah-files-criminal-charges-against-prediction-market-kalshi-and-company-co-foundershttps://www.live-feeds.com/feed/utah-files-criminal-charges-against-prediction-market-kalshi-and-company-co-founders#u174066Wed, 04 Nov 2026 12:02:00 +0000Utah prosecutors have filed criminal charges against the prediction market Kalshi and its co-founders, targeting the platform over state anti-gambling laws. The legal action stems from wagers placed on the site, prompting a swift intervention from federal authorities. The Trump administration responded by suing Utah to block the state's total gambling ban and halt the state-level prosecution against Kalshi. Representatives for the prediction market have strongly denounced the charges as an overreach, escalating a high-stakes jurisdictional clash between state enforcement and federal overs