Underdog has filed a federal lawsuit against Connecticut officials after being one of nine companies to receive a cease-and-desist order, stating their sports-event contracts violate state gaming and unfair-trade-practices laws. The Connecticut Department of Consumer Protection (DCP) ordered Underdog, Polymarket, Coinbase, Crypto.com, Robinhood, Prophet X, Novig, Webull, and Gemini to halt sports-related contracts. The platforms… Read more »
