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Kentucky sues Kalshi and Polymarket over sports betting contracts, also naming Coinbase, Robinhood and Webull, BitRss reports
- Kentucky sues Kalshi and Polymarket over sports betting contracts, also naming Coinbase, Robinhood and Webull, BitRss reports — BitRss reported Kentucky filed lawsuits in state court against Polymarket and Kalshi, also naming Kalshi partners Coinbase, Robinhood and Webull, alleging the platforms operate sports wagering in Kentucky without required state authorization. Both platforms dispute the claim, saying event contracts fall under CFTC oversight as swaps rather than state gambling law. (BitRss)
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