Kalshi Faces $36 Billion Lawsuit from New York AG James
Ohio regulators announced a $5 million fine for Kalshi in April for operating without a license. New York AG James now seeks $36 billion from Kalshi, alleging illegal gambling activities.
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Ohio regulators announced a $5 million fine for Kalshi in April for operating without a license. New York AG James now seeks $36 billion from Kalshi, alleging illegal gambling activities.
Florida’s Attorney General has sent cease-and-desist letters to major payment companies warning them of violating state laws by servicing unauthorized gambling operators. James Uthmeier disclosed this during a press conference on June 10, outlining the joint efforts to close unlicensed gambling site
Another operation has been conducted in Florida, with the state continuing to put pressure on the illegal gambling market and go after bad actors and rogue operators.