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CFTC sues Utah to block action against prediction markets · Nvdium

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CFTC sues Utah to block action against prediction markets

CCointelegraph by Turner Wright·CointelegraphPublished Oct 28, 2026, 03:32 AM

CFTC sues Utah to block action against prediction markets cover image

What happened

The US state filed a lawsuit against Kalshi last week, seeking to recover up to $60 million in profits related to event contracts on prediction markets.

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