Connecticut sues Kalshi over sports event contracts in months-long legal feud

Crypto Insight Summary: Kalshi Head of Litigation Jovy Dedaj calls the move 'arbitrary and inconsistent enforcement,' as other platforms continue to operate there. Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Short-term (1-3 days) Reasoning: Legal dispute is specific to Kalshi, not directly impacting broader crypto market.