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How a $10 Cowboys-Giants Bet Became 13 Felony Counts Against Kalshi

Picture: InsideBitcoins

Utah filed 14 criminal charges against KalshiEX LLC and co-founders Tarek Mansour and Luana Lopes Lara on October 28, alleging they promoted illegal online gambling in the state. The October 28 charging filing counts 12 third-degree felonies for promoting online gambling, one tied to each wager, alongside a second-degree felony alleging a pattern of unlawful activity and a single misdemeanor gambling promotion count. Prosecutors built the case on a sting: Special Agent Scott Eggerman opened a Kalshi account under a Utah home address, with a phone number and debit card issued in the state.

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