GoKawiilCFTC sues Utah after state files criminal charges against Kalshi executives
Utah's Attorney General Derek Brown filed 14 criminal charges against Kalshi co-founders Tarek Mansour and Luana Lopes Lara, alleging the company promoted illegal gambling disguised as prediction markets. The Commodity Futures Trading Commission responded by suing Utah, asserting it holds exclusive federal jurisdiction over CFTC-registered prediction markets like Kalshi.