Utah AG sues Kalshi, pursues profits from prediction market company

Derek Brown likened the prediction market company to a “public nuisance“ that was “causing a significant and substantial ongoing harm“ to state residents.
Key Takeaways
- Derek Brown likened the prediction market company to a “public nuisance“ that was “causing a significant and substantial ongoing harm“ to state residents.
- Read the full article for additional context and details.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from CoinTelegraph. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3

JPMorgan Puts a Number on Bitcoin for the First Time: 10% a Year, With a Big Caveat
J.P. Morgan Asset Management’s 2027 Long-Term Capital Market Assumptions project a 10% annual return for Bitcoin over 10 to 15 years, though the firm isn’t adding it to its main portfolio models.

JPMorgan models Bitcoin reaching $385,000 in 10-year bull case despite CEO Jamie Dimon’s criticism
A report page shared by @Matt_Hougan shows the 10-to-15-year assumptions, while the firm stops short of a bitcoin allocation. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Sleeping Bitcoin Giant Moves 500 BTC Worth $41M After 10 Years of Silence
On Tuesday, as bitcoin’s price cruised comfortably above $82,000, a long-dormant wallet established on Jan. 1, 2016, stirred from its decade-long slumber, transferring 500 BTC for the first time in more than 10 years. The haul joins other recently moved coins…