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Kalshi Accuses Nevada Investigators of Breaking Federal Law to Collect $120K Daily Fines

By Trader Edge at 2026-08-16 03:39

Sentiment: Negative

TLDR Nevada’s gaming regulator is seeking $120,000 per day in fines from prediction market platform Kalshi over alleged geofencing failures Nevada investigators placed nine trades on Kalshi one day after a court-ordered geofencing deadline Kalshi says it hired a state-approved vendor and accuses investigators of misrepresenting their locations to bypass its system New York, Baltimore, [...] The post Kalshi Accuses Nevada Investigators of Breaking Federal Law to Collect $120K Daily Fines appeared first on CoinCentral. Continue reading...

Categories: Stocks

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