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[Baltimore City Government Sues Kalshi, Accuses Robinhood, Webull, and Coinbase of Involvement in Illegal Sports Betting] According to Cointelegraph, the Baltimore City Government has filed a lawsuit against the prediction market platform Kalshi, accusing it of violating local gambling laws and engaging in fraudulent trade practices. The complaint names Robinhood, Webull, and Coinbase as Kalshi's partners, alleging that these companies are involved in illegal sports betting operations. The Baltimore City Government asserts that the platforms have provided sports betting services to residents without complying with local regulations and is requesting the court's intervention in the matter.

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