Connecticut Sues Kalshi Over Illegal Sports Bets
Connecticut’s complaint accuses Kalshi of letting minors open accounts and paying underage promoters on TikTok and X. The suit cites Kalshi’s own federal court filing that put sports contracts at 80% to 90% of its offerings in February. A Connecticut federal judge rejected Kalshi’s derivatives defense on Aug. 7, a ruling the new state complaint … Read more