New York sued Coinbase and Gemini on Tuesday, becoming the latest state to argue that prediction market contracts dealing with sports, entertainment and elections are violating state gambling laws.
April 22 (UPI) --New York Attorney General Letitia James has filed lawsuits against cryptocurrency companies Coinbase and Gemini for violating state gambling laws. The lawsuit, filed Tuesday, targets ...
NEW YORK – New York is suing Coinbase and Gemini, two of the newest players in the prediction market industry, arguing that the companies' unregulated and unlicensed platforms are illegal gambling ...
The CFTC has filed suit to block New York from enforcing gambling laws on prediction platforms, arguing federal regulators have sole authority over event-based contracts. The Commodity Futures Trading ...
The Trump administration has taken New York to court as the fight over prediction markets gets uglier, wider, and a lot more political. The Commodity Futures Trading Commission (CFTC) filed a case ...