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Connecticut orders Robinhood, Crypto.com, Kalshi to stop prediction markets

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Dec 3, 2025 - 20:15
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Connecticut orders Robinhood, Crypto.com, Kalshi to stop prediction markets

Connecticut orders Robinhood, Crypto.com, Kalshi to stop prediction markets

Connecticut has sent cease and desist letters to Robinhood, Crypto.com and Kalshi, claiming the platforms' event contracts are unlicensed sports betting.

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