Home / General / Kalshi co-founder fights back against Arizona’s ‘overstep’ in what a lawyer calls a federal-state turf war

Kalshi co-founder fights back against Arizona’s ‘overstep’ in what a lawyer calls a federal-state turf war

Arizona has filed 20 criminal counts against Kalshi, a prediction market platform, accusing it of operating an illegal gambling business and offering election wagering in the state.

Kalshi co-founder Tarek Mansour has called Arizona’s criminal case against the company a “total overstep,” casting the move as an attack on a federally regulated exchange rather than a standard gambling enforcement action.
Mansour said the charges “h… [2374 chars]

Source: CoinDesk | Published: 2026-03-18T18:19:24Z

Credit: CoinDesk

Tagged:

Leave a Reply

Your email address will not be published. Required fields are marked *