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by: xpoolPosted on: December 4, 2025

Connecticut Takes Aim at Event Contracts in Crypto & Trading Platforms

Connecticut regulators have issued cease and desist orders to Robinhood, Crypto.com, and Kalshi, accusing them of operating unlicensed sports betting through event contracts. The state alleges these contracts violate gambling laws, as they allow users to wager on real-world outcomes such as election results or sports outcomes.

Related posts:

  1. Connecticut Cracks Down on Unlicensed Sports Betting Platforms
  2. Connecticut Cracks Down on Sports Prediction Markets, Suspending Major Players
  3. Connecticut Issues Cease and Desist Orders to Robinhood, Crypto.com, and Kalshi Over Unlicensed Sports Betting
  4. Connecticut Cracks Down on Unlicensed Sports Betting Platforms
Connecticut Cryptocurrency Sports Betting

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