Arizona Attorney General Files Criminal Charges Against Kalshi

Mars Finance News: Arizona Attorney General Kris Mayes has filed criminal charges against Kalshi, alleging that “Kalshi may claim to be a ‘prediction market,’ but in reality, it operates illegal gambling activities and accepts bets on Arizona elections. Both actions violate Arizona law. No company has the authority to decide which laws to follow.” Kalshi is also facing other legal lawsuits in states such as Ohio and Tennessee.

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