Courts
State and federal cases over prediction markets.
- Utah Criminal Case Against Kalshi and Its Founders: Charges and Dates
On October 28, 2026, Utah Attorney General Derek Brown filed criminal charges against KalshiEX LLC and co-founders Tarek Mansour and Luana Lopes Lara: a second-degree felony for a pattern of unlawful activity, 12 third-degree felony counts of online gambling promotion and one misdemeanor. The founders received court summonses, and no arrests were made. Kalshi called the case political overreach.