Try our Advanced Search for more refined results

KalshiEX LLC v. Cafferelli et al

  1. February 11, 2026

    Contracts On Aliens, Hugs Aren't Gambling, Kalshi Tells Judge

    The distinction between a futures contract and a wager could play a role in deciding whether Kalshi can offer certain sports-related transactions in Connecticut, a federal judge hinted Wednesday while hypothesizing about the legality of contracts on events like first contact with extraterrestrial life and world leaders greeting each other with a warm embrace.

  2. January 20, 2026

    Coinbase And Kalshi Contracts 'Siphoning' Money, Tribes Say

    Battles between crypto titan Coinbase, derivative exchange KalshiEX LLC and Connecticut officials over the legality of sports-related event contracts directly impact "tribal sovereignty over gaming that occurs on Indian lands," a coalition of American Indian tribes and tribal associations told a federal judge in proposed amicus briefs that side with the state government.

  3. January 09, 2026

    Conn. Deems Coinbase, Kalshi Contracts 'Pure' Gambling

    Cryptocurrency giant Coinbase and the derivative exchange KalshiEX LLC are not entitled to injunctions that would block Connecticut's enforcement of state gaming laws against their "unlicensed, unlawful sports wagers disguised as financial products," the state argued Friday in federal court.

  4. December 09, 2025

    Conn. Barred From Taking Action Against Kalshi For Now

    A Connecticut federal judge has ordered the state to refrain from taking enforcement action against KalshiEX LLC, while the derivatives exchange's preliminary injunction motion is pending, in a suit seeking to prevent the Connecticut Department of Consumer Protection from directing Kalshi to cease operations within the state.

  5. December 04, 2025

    Kalshi Sues Conn. Over Online Gambling Enforcement Case

    Derivatives exchange KalshiEX LLC has sued the Connecticut Department of Consumer Protection and its leaders over a cease-and-desist order issued by the department directing Kalshi to stop operations within the state.