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Shalini Nagarajan

Connecticut Orders Kalshi, Robinhood, and Crypto.com to Halt Unlicensed Sports Wagering

Connecticut's Department of Consumer Protection issued cease-and-desist orders to Kalshi, Robinhood, and Crypto.com on December 3, 2025, for allegedly offering sports-related prediction contracts without state licenses. The platforms must immediately stop providing such services to Connecticut residents and allow fund withdrawals. Non-compliance may result in civil penalties under state unfair trade practices law or criminal charges for gaming violations.
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