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by: xpoolPosted on: December 4, 2025

Connecticut Issues Cease and Desist Orders to Robinhood, Crypto.com, and Kalshi Over Unlicensed Sports Betting

Connecticut has issued cease and desist orders to three cryptocurrency-based companies, Robinhood, Crypto.com, and Kalshi, for operating unlicensed sports betting platforms. The state government alleges these companies violated its gambling laws by offering event contracts without proper licensing. )

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