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CFTC takes Utah to federal court over state lawsuit against Kalshi

The Commodity Futures Trading Commission (CFTC) filed a lawsuit against Utah on Tuesday over the state’s attempt to restrict prediction market platform Kalshi. The case is the federal regulator’s 10th against a state that has sought to rein in prediction markets, and its first against a state led b

October 29, 2026 2 min read
The Commodity Futures Trading Commission (CFTC) filed a lawsuit against Utah on Tuesday over the state’s attempt to restrict prediction market platform Kalshi. The case is the federal regulator’s 10th against a state that has sought to rein in prediction markets, and its first against a state led by a Republican governor. The CFTC filed the complaint in the US District Court for the District...
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