Kalshi, Robinhood, Crypto.com Hit With Connecticut Stop Order for Gambling Violations
Connecticut’s Department of Consumer Protection on Wednesday ordered Kalshi, Robinhood and Crypto.com to halt what it calls unlicensed on-line playing within the state, concentrating on sports-style “prediction” merchandise that regulators say are actually unlawful wagers. The company’s Gaming Division issued cease-and-desist letters to KalshiEX LLC, Robinhood Derivatives LLC and Crypto.com, accusing all three of providing…
