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financeLOWUS2026-04-23 16:15 UTC

New York Sues Coinbase and Gemini, Seeking To Halt Unlicensed Prediction Market Businesses

An anonymous reader quotes a report from the Associated Press: 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 operations. Attorney General Letitia James' lawsuit

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