-
New York Targets Coinbase and Gemini Over Prediction Markets, Seeks Profit Forfeiture and Triple Penalties
New York Attorney General Letitia James has filed suit against Coinbase and Gemini, accusing both companies of running illegal gambling operations through their prediction market platforms. The lawsuit, filed in Manhattan, seeks to bar the exchanges from offering prediction markets in New York until they hold state gaming licenses — and frames the products not as financial instruments but as unregulated wagering. "Gambling by another name is still gambling, and it is not exempt from regulation under our state laws and Constitution," James said. "Gemini and Coinbase's so-called prediction markets are just illegal ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From financefeeds.com|Apr 22, 2026Two armed intruders forced a family in Ploudalmézeau, northwest France, to transfer approximately €700,000 ($820,000) in cryptocurrency during a home invasion, according to local ...
From fxleaders.com|Apr 22, 2026Bitcoin BTC/USD is holding near $78,300 after a cycle analysis pinpoints $60,000 as its key floor, with models projecting a next peak between $190,000 and $200,000. Meanwhile, ...
From fxstreet.com|Apr 22, 2026Input Output Global (IOG), the organization behind Cardano’s (ADA) development, has released its 2026 treasury funding portfolio, which is down nearly 50% to $46.8 million from ...
-
- Newer Stories
From cnbc.com|Apr 22, 2026|5 commentsU.S. Attorney Jeanine Pirro on Wednesday doubled down on her investigation of the Federal Reserve, even as the controversial probe endangers the confirmation of Kevin Warsh, ...
From @MarketNews_Feed|Apr 23, 2026|55 commentsMAERSK: THE STRAIT OF HORMUZ REMAINS “FIRMLY CLOSED." ...
From forex.com|Apr 23, 2026Bitcoin has capitalised on the past month’s risk-on rally, with BTC/USD pushing towards the key 80k level. Yet while bulls remain in control on the surface, the broader crypto ...
