Firm calls charges, which include violating state gambling ban and profiting from illegal activity, ‘crazy overreach’

Utah on Wednesday filed criminal charges against prediction market operator Kalshi and two of its executives, months after a federal judge rejected Kalshi’s effort to prevent Utah from enforcing its strict anti-gambling laws against the activity.

The felony charges could represent a new tactic in how states try to assert regulatory authority over the fast-expanding activity, a clash that appears headed to a showdown at the US supreme court.

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© Photograph: Jeenah Moon/Reuters

© Photograph: Jeenah Moon/Reuters

© Photograph: Jeenah Moon/Reuters

Firm calls charges, which include violating state gambling ban and profiting from illegal activity, ‘crazy overreach’

Utah on Wednesday filed criminal charges against prediction market operator Kalshi and two of its executives, months after a federal judge rejected Kalshi’s effort to prevent Utah from enforcing its strict anti-gambling laws against the activity.

The felony charges could represent a new tactic in how states try to assert regulatory authority over the fast-expanding activity, a clash that appears headed to a showdown at the US supreme court.

Continue reading...

© Photograph: Jeenah Moon/Reuters

© Photograph: Jeenah Moon/Reuters

© Photograph: Jeenah Moon/Reuters

Discovery comes months after Utah county detectives confirmed that Bundy had killed another Utah girl that year

The notorious serial killer Ted Bundy has been found responsible, through DNA evidence, for the murder of a 17-year-old Utah girl who went missing in 1974 before her nude body was found days later, state authorities announced at a Tuesday news conference.

The breakthrough in the investigation of Melissa Ann Smith’s death comes months after Utah county detectives confirmed in April that Bundy had killed another Utah girl, 17-year-old Laura Ann Aime, in 1974.

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© Photograph: Ken Hawkins/Alamy

© Photograph: Ken Hawkins/Alamy

© Photograph: Ken Hawkins/Alamy

DNA connections between Melissa Ann Smith and another Bundy victim helped close the case.