Sports bets and prediction-market contracts can look alike, but face different...

https://readharvesty.com/s/Q1O9Z0TBkSNXzTgkytR2Y

Sports bets and prediction-market contracts can look alike, but face different rules and risks. This explainer tracks crypto’s behind-the-scenes role in funding and settlement, and why Connecticut sent cease-and-desist orders to nine companies.