‘This is a crazy overreach’: Kalshi responds after Utah files criminal charges against company for promoting gambling, unlawful activity

The charges come after a federal judge ruled that Utah could enforce its anti-gambling laws against prediction markets.

16 sources28 Oct 2026Updated 1m ago

‘This is a crazy overreach’: Kalshi responds after Utah files criminal charges against company for promoting gambling, unlawful activity

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The story so far

Utah criminally charges Kalshi with promoting illegal gambling.
Utah files criminal charges against prediction market Kalshi and company co-founders.
Kalshi, cofounders hit with criminal charges in US state of Utah.

Summarised from the linked sources. Methodology

Who's reporting it

All 16 sources

Timeline

6h ago
Sports Betting Dime: Utah Files Criminal Charges Against Kalshi and Co-Founders
5h ago
Investing.com: Utah criminally charges Kalshi with promoting illegal gambling
4h ago
Crypto Briefing: Utah files criminal gambling charges against Kalshi and its co-founders
4h ago
CNBC: Utah charges Kalshi and its founders, escalating a fight over who can regulate prediction markets
2h ago
UA.NEWS: Utah brings criminal charges against Kalshi and two co-founders
2h ago
Al Jazeera: The charges come after a federal judge ruled that Utah could enforce its anti-gambling laws against prediction markets.
2h ago
Al Jazeera: The charges come after a federal judge ruled that Utah could enforce its anti-gambling laws against prediction markets.
2h ago
ABC4 Utah: ‘This is a crazy overreach’: Kalshi responds after Utah files criminal charges against company for promoting gambling, unlawful activity

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