Utah likens Kalshi to a ‘back-alley gambling den’ in lawsuit naming Susquehanna firms

Utah seeks to recover alleged gambling profits and block Kalshi bets across sports, politics and culture.
Key Takeaways
- Utah seeks to recover alleged gambling profits and block Kalshi bets across sports, politics and culture.
- Read the full article for additional context and details.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from The Block. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation

Bitwise, Hyperliquid seek SEC rule changes for token trading, airdrops
The firms are seeking clearer guidance on the classification of crypto assets and secondary-market trading as the SEC’s public comment period comes to a close.

Esports Firm Ninjas in Pyjamas Boosts Bitcoin Mining Operation With Added Rigs
NIP Group, the publicly traded parent company of esports powerhouse Ninjas in Pyjamas, is expanding its bitcoin mining operation through another major hardware acquisition, bringing its planned computing capacity to nearly 14 exahash per second (EH/s) as it…

Crypto’s 2026 shutdown wave claims 82 projects. What went wrong?
Crypto projects are struggling to survive as falling revenues, depleted funding and security breaches force closures across DeFi, blockchain infrastructure and gaming.