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Coinpedia
April 24, 2026 11:15 AM UTC

U.S State Wisconsin Sues Coinbase, Polymarket, Kalshi, & Others Over ‘Illegal Betting’

U.S State Wisconsin Sues Coinbase, Polymarket, Kalshi, & Others Over ‘Illegal Betting’

The post U.S State Wisconsin Sues Coinbase, Polymarket, Kalshi, & Others Over ‘Illegal Betting’ appeared first on Coinpedia Fintech News U.S state Wisconsin filed a lawsuit against the five major platforms, including Coinbase, Polymarket, Kalshi, Robinhood, and Crypto.com, claiming their prediction markets violate state gambling laws. The case argues these “event contracts” are actually sports bets. This adds pressure on the industry and raises a simple question: are these platforms real trading tools, or just …

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