00:00The state to my north, Utah, is not playing around anymore.
00:06Utah has issued criminal charges against the two prominent runners of Kalshi.
00:15They're not suing in.
00:18This is not a civil court matter.
00:20This is a criminal court matter.
00:22They're going to have to show up to answer criminal charges in Utah.
00:27If they are convicted of what they are being accused of in Utah, they could send the CEO
00:35of Kalshi to prison, jail in Utah.
00:42They are not playing anymore up there.
00:45This is the most aggressive since we have had legalization in America.
00:51We have not seen an attorney general go this far.
00:55And Utah is like, we're not just taking the gloves off.
00:58We're going to go and dip our hands in glass and we're going to go and punch you.
01:03And we're coming for it all.
01:05We're not just coming for your money.
01:07We're not coming for your license.
01:09We're not coming for your ability to operate in the state.
01:12We are coming for your freedom.
01:15We're going to lock you up for what you are doing in our state.
01:20It is one of the most remarkable things in the history of sports gambling legalization
01:27in prediction markets.
01:29Since we've been covering this for three years,
01:33we have a state issuing a criminal charge against a CEO for operating in their state.
01:42It is wild with what's going on with Utah.
