Connecticut’s C&D Enforcement Action Against Kalshi Is Paused by a Federal Court

Connecticut regulators’ enforcement action against prediction market operator Kalshi has been halted by a federal judge. As the company’s legal battles in the United States continue, the respite provides a limited window of safety. Earlier in December, Kalshi, Robinhood, and Crypto.com received letters from Connecticut’s Department of Consumer Protection (DCP) accusing them of permitting residents […]