犹他州正在对预测市场运营商 Kalshi 及其两名高管提起刑事指控，此前一名联邦法官驳回了 Kalshi 试图阻止犹他州依据其反赌博法对该活动进行执法的请求。
Utah is pursuing criminal charges against prediction market operator Kalshi and two executives, after a federal judge rejected Kalshi’s effort to prevent Utah from enforcing its anti-gambling laws against the activity.
马克·利维 哈里斯堡，宾夕法尼亚州 —— 犹他州周三对预测市场运营商 Kalshi 及其两名高管提起刑事指控，此前几个月，一名联邦法官驳回了 Kalshi 试图阻止犹他州依据其严格的反赌博法对该活动进行执法的请求。
MARC LEVY HARRISBURG, Pa. — 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.
这些重罪指控可能代表各州试图对这一快速扩张的活动主张监管权的一种新策略，这场冲突似乎正走向美国最高法院的最终对决。
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 U.S. Supreme Court.
指控包括 13 项违反该州赌博禁令的罪名，以及一项从非法活动中获利的罪名。
The charges include 13 counts of violating the state’s prohibition on gambling and another charge involving profiting off illegal activity.
该州的起诉文件点名了 Kalshi 及其联合创始人、首席执行官塔雷克·曼苏尔和首席运营官卢阿娜·洛佩斯·拉拉。
The state’s charging documents name Kalshi and its co-founders, chief executive officer Tarek Mansour and chief operating officer Luana Lopes Lara.
犹他州总检察长德里克·布朗在一份声明中表示，尽管联邦法院裁定犹他州的赌博法适用于该公司，Kalshi 仍继续在犹他州运营。
In a statement, Utah Attorney General Derek Brown said Kalshi has continued to operate in Utah, despite a federal court ruling that Utah’s gambling laws apply to the company.
布朗在声明中说：“在犹他州，赌博是非法的，无论你是下注、运营游戏还是推广它。称其为‘预测市场’并不能改变其本质，联邦注册也不能让公司凌驾于法律之上。”
“Gambling is illegal in Utah, whether you place the bet, run the game, or promote it. Calling it a ‘prediction market’ doesn’t change what it is, and being federally registered doesn’t put a company above the law,” Brown said in a statement.
总检察长办公室暂未说明将在本案中寻求何种刑事处罚，但重罪指控可能面临监禁。
The attorney general’s office did not immediately say what sort of criminal penalties it would seek in the case, although the felony charges carry the possibility of jail time.
Kalshi 在一份声明中称这些指控是“疯狂的越权”，并表示“犹他州显然是在搞政治”。“我们期待在法庭上制止这一切，就像我们在亚利桑那州所做的那样，”声明说。
In a statement, Kalshi called the charges a “crazy overreach” and said that “Utah is clearly playing politics.”“We look forward to putting a stop to this in court, just like we did in Arizona,” it said.
犹他州一直处于各州与联邦政府围绕谁有权监管市场这一斗争的最前线。诉讼已蔓延至约20个州，形成了分裂的法律格局，分析人士表示，这很可能最终由美国最高法院裁决。
Utah has been on the front lines of a battle between states and the federal government over who regulates the markets. Litigation has spread across roughly 20 states, creating a fragmented legal landscape that analysts say will likely be settled by the U.S. Supreme Court.
Kalshi坚持认为，预测市场完全属于联邦管辖范围，不受州赌博法律管辖。
Kalshi has maintained that prediction markets fall exclusively under federal jurisdiction and are not governed by state gambling laws.
在唐纳德·特朗普总统任内，负责监管金融市场的联邦机构——商品期货交易委员会（CFTC）表示同意，甚至起诉了至少10个州——包括本周起诉犹他州——试图阻止各州监管预测市场。
Under President Donald Trump, the federal agency responsible for regulating financial markets, the Commodity Futures Trading Commission has agreed and even sued at least 10 states — including Utah this week — to try to stop states from regulating prediction markets.
亚利桑那州今年早些时候成为首个对Kalshi提起刑事指控的州，指控其在该州境内经营非法赌博业务。
Arizona earlier this year became the first state to file criminal charges against Kalshi, accusing it of operating an illegal gambling business within its borders.
但法律分析师丹尼尔·沃拉奇表示，旧金山第九巡回上诉法院拒绝允许Kalshi在与内华达州关停其业务的斗争期间恢复体育和选举事件的交易，这可能很快恢复亚利桑那州追究轻罪指控的权力。
But one legal analyst, Daniel Wallach, said Arizona’s authority to pursue the misdemeanor charges could soon be restored after the 9th U.S. Circuit Court of Appeals in San Francisco refused to let Kalshi restart trading on sports and elections events in Nevada while it fights the state’s effort to shut it down.
不过，沃拉奇表示，犹他州追究重罪指控代表了各州策略的潜在转变，此前各州主要对预测市场运营商提起民事诉讼。沃拉奇是一名专门从事体育博彩和博彩法的律师，在迈阿密大学法学院任教。
Still, Utah’s pursuit of felony charges represents a potential shift in strategy by states that have primarily pursued civil actions against prediction market operators, said Wallach, a lawyer who specializes in sports wagering and gaming law and teaches at the University of Miami School of Law.
沃拉奇表示，他预计会看到各州提起更多类似犹他州的案件，在内华达州上诉法院胜诉后，犹他州的刑事指控“可能成为其他州如何对待Kalshi和Polymarket的风向标”。
Wallach said he expects to see states bring more cases like Utah’s and that Utah’s criminal charges “could be a bellwether for how other states approach Kalshi and Polymarket” following Nevada’s appellate court victory.
Kalshi于2月起诉犹他州，请求联邦法官阻止该州对其平台执行赌博限制。该诉讼是在犹他州即将颁布旨在削弱预测市场在该州开展业务能力的立法之际提起的。
Kalshi sued Utah in February, asking a federal judge to prevent the state from enforcing its gambling restrictions on the platform. The lawsuit came as Utah was on the verge of enacting legislation intended to undercut prediction markets from doing business in the state.
一名联邦法官驳回了该请求，称卡尔希在其论点中引用的联邦法律《商品交易法》并不妨碍该州执行其法律。丹佛的美国第十巡回上诉法院上个月拒绝在卡尔希上诉期间叫停犹他州的监管执法行动。
A federal judge rejected the request saying the federal law that Kalshi cited in its argument, the Commodity Exchange Act, doesn’t prevent the state from enforcing its laws. The 10th U.S. Circuit Court of Appeals in Denver last month declined to halt Utah’s regulatory enforcement during Kalshi’s appeal.
上周，犹他州还起诉了卡尔希及几家相关公司，请求州法院下令该平台停止在犹他州开展体育、选举、政治、文化及其他结果的交易，并使用法院批准的地理定位服务提供商来执行该禁令。州检察长办公室还请求法院责令被告交出其在犹他州获得的利润。
Last week, Utah also sued Kalshi and several related companies, asking a state court to stop the platform from trading on sports, elections, politics, culture and other outcomes in Utah, and to use a court-approved geolocation provider to enforce it. The attorney general’s office also asked the court to make the defendants give up the profits they made in Utah.