Utah Authorities File Criminal Charges Against Kalshi and Its Founders

In Crypto Regulations
October 30, 2026

Utah Authorities File Criminal Charges Against Kalshi and Its Founders

The Attorney General of Utah has filed 14 charges against the prediction market platform Kalshi and its co-founders, Tarek Mansour and Luana Lopes Lara, for promoting illegal gambling. Thirteen of these charges are classified as felonies.

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Steven M. Crimmins is a cryptocurrency strategist and freelance writer who has followed the blockchain industry since Bitcoin’s early days. Known for his sharp analysis of altcoins and trading strategies, Steven provides Satoshi News Africa readers with market-focused content grounded in research. He is especially interested in how African traders are adopting crypto as an alternative to traditional markets. Steven is also a podcast host, where he discusses emerging technologies and investment trends.