RegulationAffPapa · Sep 18
Underdog sues Connecticut over sports event contracts
By Alla Basentsyan•September 18, 2026
The brief
The lawsuit follows after the Department of Consumer Protection of Connecticut sent 9 prediction markets cease-and-desist orders, including Underdog, Polymarket, Coinbase, Crypto.com, and Robinhood. Underdog argues that it operates as a federally regulated designated contract market under the Commodity Futures Trading…
Original report
AffPapa
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