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New York Sues Coinbase, Gemini

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 · 1d
New York sues Coinbase and Gemini, seeking to halt unlicensed prediction market businesses
New York’s lawsuit alleges that the Coinbase and Gemini are seeking “to avoid the legal and financial consequences” of the state’s close regulation of gambling “by offering what is quintessentially wagering under the guise of offering ‘event contracts’ on a ‘prediction market.’”

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The American Bazaar · 21h
New York sues Coinbase, Gemini over unlicensed prediction markets
FingerLakes1.com · 19h
Attorney General sues Coinbase, Gemini over alleged illegal gambling platforms
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