Kalshi co-founder fights back against Arizona’s ‘overstep’ in what a lawyer calls a federal-state turf war
By Francisco Rodrigues, Oliver Knight••CoinDesk
Arizona has filed 20 criminal counts against Kalshi, a prediction market platform, accusing it of operating an illegal gambling business and offering election wagering in the state.
Kalshi co-founder Tarek Mansour has called Arizonas criminal case against the company a total overstep, casting the move as an attack on a federally regulated exchange rather than a standard gambling…