Sports betting and prediction markets can look alike, but their rules and...

https://marcossmartchat.image-perth.org/what-is-the-difference-between-a-cease-and-desist-and-a-lawsuit

Sports betting and prediction markets can look alike, but their rules and payouts differ. This explainer unpacks crypto’s behind-the-scenes role in funding and settlement, alongside Connecticut’s cease-and-desist orders against nine companies.