When a core plank of your defense is "even if what we're doing is illegal, now that we're doing it, it's too hard to stop, so you should let us keep doing it."
Classic "innovation"...
Kalshi’s Head of Markets: “Kalshi has tens of thousands of verified users in Utah with millions of dollars in open positions on the exchange.”
Those Utah accounts reportedly hold millions of contracts that have yet to settle. A revealing figure amid ongoing state enforcement.