Coinbase and Gemini Accused of Illegal Gambling in N.Y. Lawsuits

The New York Times·Apr 22

✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source

New York is taking legal action against Coinbase and Gemini, alleging that their prediction market businesses constitute illegal gambling. The state is seeking to halt these operations, which it claims are unlicensed. However, the situation is complicated by a separate lawsuit filed by the CFTC against New York gaming regulators over the crackdown on prediction markets.

Full coverage

New York sues Coinbase and Gemini, seeking to halt unlicensed prediction market businesses

AP News·Apr 21

NY Sues Coinbase, Gemini Over ‘Illegal’ Prediction Markets (1)

Bloomberg Law News·Apr 21

New York sues prediction markets Coinbase and Gemini Titan, calls their operations gambling

Reuters·Apr 21

New York Attorney General sues Coinbase, Gemini for 'illegal gambling' on prediction market platforms

The Block·Apr 21

View original report at The New York Times ↗

Fetching the latest headlines…

Coinbase and Gemini Accused of Illegal Gambling in N.Y. Lawsuits

Full coverage

New York sues Coinbase and Gemini, seeking to halt unlicensed prediction market businesses

NY Sues Coinbase, Gemini Over ‘Illegal’ Prediction Markets (1)

New York sues prediction markets Coinbase and Gemini Titan, calls their operations gambling

New York AG Sues Coinbase, Gemini Titan for Offering ‘Illegal’ Event Contracts

NYS AG suing Coinbase, Gemini for allegedly running illegal gambling platforms

CFTC sues New York gaming regulators over prediction markets crackdown

NY attorney general sues Coinbase, Gemini over prediction markets

New York Attorney General sues Coinbase, Gemini for 'illegal gambling' on prediction market platforms