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State v. operator
State of Utah v. Kalshi (criminal prosecution)
Utah Third Judicial District Court, Salt Lake County, No. 261912852
Charged
Bluebook
State of Utah v. Kalshi (criminal prosecution), Prediction Market Laws (last updated Nov. 7, 2026), https://predictionmarketlaws.com/lawsuits/ut-v-kalshi-criminal.
APA
Prediction Market Laws. (2026, November 7). State of Utah v. Kalshi (criminal prosecution). https://predictionmarketlaws.com/lawsuits/ut-v-kalshi-criminal
Charges filed Oct. 28, 2026 against KalshiEX LLC and its two co-founders (allegations only). KalshiEX's initial appearance is set for Dec. 4, 2026. The CFTC's Oct. 26 suit against Utah seeks to block enforcement against CFTC-registered exchanges.
The question
Whether Utah may criminally prosecute a CFTC-registered exchange and its executives under state gambling law for offering event contracts.
Utah's Attorney General filed criminal charges alleging a pattern of unlawful activity and promotion of online and general gambling, adding to the state's civil suit and its federal win over Kalshi.
No decision date set98 days since the appeal was docketed
Appeal docketed Aug. 5Pending
Resolves Yes if the court reverses or vacates the district court's judgment for Utah in KalshiEx v. Cox, No if it affirms.
Tenth Circuit No. 26-4100. Source: Court docket
Will the Tenth Circuit shield Kalshi from Utah while it appeals?
The court denied Kalshi's emergency motion for an injunction pending appeal. Tenth Circuit No. 26-4100. Source: SBC Americas
Criminal charges are allegations. Defendants are presumed innocent unless proven guilty.
Public records for this case are thin. Treat this page as provisional.
A court notice sets KalshiEX's in-person initial appearance for Dec. 4, 2026 at 8:30 a.m.
Source: defirate.com
Press reports Utah's criminal charges against Kalshi's exchange entity and its two co-founders.
Source: fox13now.com