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Kalshi loses NY injunction bid as Judge Torres says state gambling laws may apply to sports contracts despite CFTC oversight claims in case.
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Blockchain trade group the Digital Chamber has filed an amicus brief opposing a New York lawsuit that seeks ownership of 39,069 dormant Bitcoin wallet addresses holding an estimated 3.7 million BTC. In a court filing submitted on Monday, the Digital…
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Polymarket has been sued in New York after two users alleged the prediction platform wrongly denied payouts on a Strategy Bitcoin market despite the company disclosing a Bitcoin sale in an SEC filing. According to a complaint filed in the…
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NYLIM and Centrifuge launch HYB, a tokenized U.S. high-yield bond fund settling in USDC for eligible investors onchain.
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New York financial regulators have moved to update the state’s stablecoin rules as the federal government prepares to implement the GENIUS Act, a law that will reshape how payment stablecoins are supervised across the United States. The New York State…
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A New York judge has halted proceedings in a lawsuit seeking ownership of 39,069 dormant Bitcoin wallets, delaying any attempt to secure a default judgment before a July 14 court hearing. According to court filings made public on June 5,…
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A New York federal judge has postponed a decision on Aave’s request to release $71 million in frozen Ethereum tied to the Kelp DAO exploit, ordering both sides to submit additional legal arguments before a June hearing. According to filings…
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Uphold disputes NYAG claims after a $5M CredEarn settlement, saying Cred misled the company and users before its 2020 collapse.
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New York secured a $5M Uphold settlement over CredEarn, saying users were misled on crypto savings risks and false insurance claims in 2020.
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The CFTC filed a lawsuit against New York on April 24 in the Southern District of New York, seeking a permanent injunction to stop the state from enforcing its gambling laws against federally registered prediction market exchanges. CFTC New York…
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Wisconsin has escalated its challenge against prediction market platforms, widening a legal fight already taking shape across several U.S. states over how these products should be classified. Fresh complaints filed in Dane County name Crypto.com and its derivatives arm, Polymarket,…
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New York and Illinois banned state employees from prediction markets, citing insider trading risks and ethics concerns.
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New York sued Coinbase and Gemini over prediction markets, while Coinbase moved the case to federal court.
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The Trump administration announced Thursday that New York will lose $73.5 million in federal highway funding after the Federal Motor Carrier Safety Administration found the state has refused to revoke nearly 33,000 commercial driver’s licenses issued to immigrants whose legal…
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A new crypto law introduced by Manhattan District Attorney Alvin Bragg and New York State Senator Zellnor Myrie would convert unlicensed virtual currency operations from a civil regulatory issue into a criminal offense, carrying up to 15 years in prison…
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Polymarket is taking its brand offline, opening a free grocery store in New York City and backing it with a $1 million donation to fight food insecurity. Polymarket, the crypto-based prediction market platform, announced on Feb. 3 that it will…
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