Kalshi, Robinhood and Crypto com Face Cease & Desist Order in Connecticut

Connecticut has sent notices to Kalshi, Robinhood, and Crypto.com for operating illegal online gambling, particularly sports betting. Connecticut has joined other states claiming a rise in illegal sports betting under the prediction market umbrella, which has led to a setback for Kalshi, Robinhood, and Crypto.com. Kalshi, Robinhood, and Crypto.com Ordered to Halt Online Betting The

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