The Attorney General of Arizona has filed criminal charges against Kalshi.

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MarsBit
03-18
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According to Mars Finance, Arizona Attorney General Kris Mayes has filed a criminal complaint against Kalshi, alleging that "Kalshi may have touted itself as a 'prediction market,' but in reality, it operated an illegal gambling operation and accepted bets on the Arizona elections, both of which violate Arizona law. No company has the right to decide which laws it must comply with." Kalshi is also currently facing other lawsuits in states such as Ohio and Tennessee.

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