New York Sues Kalshi, Calls Prediction Market an ‘Illegal Gambling Operation,’ Seeks $36 Billion
New York has filed a sweeping lawsuit against prediction market platform Kalshi, accusing the company of operating an illegal gambling ...
Tag: Sues
NY Sues Kalshi, Demanding $100K Fine Per Illegal Bet
Key TakeawaysNew York sued Kalshi for running an unlicensed gambling operation disguised as a prediction market.The state alleges Kalshi bypasses ...
Crypto News Today (July 31): BTC On a Knife Edge, Australia Sues Telegram, and Binance US Eyes Prediction Markets
In crypto news today (July 31), Bitcoin climbed -0.4% overnight and is sitting just below $64,000 following a turbulent week ...
The Digital Chamber Sues the State of Illinois Over First-Ever 0.2% Crypto Tax
Key TakeawaysThe Digital Chamber filed suit in Sangamon County on July 21, against Illinois’ new crypto tax.The 0.2% tax on ...
Apple Sues OpenAI, Claims Former Employees Stole Trade Secrets
In brief Apple sued OpenAI and two former employees, alleging theft of hardware trade secrets. The complaint claims former Apple ...
Kalshi Sues Illinois Over New State Tax on Sports-Related Prediction Markets
In brief Kalshi sued Illinois after the state created a 15% tax on revenue from sports-related prediction market wagers. The ...
Google Sues Chinese Crime Group for Allegedly Using Gemini AI for Mass Phishing Scams
In brief Google filed a lawsuit in New York federal court against Outsider Enterprise for allegedly using Gemini AI to ...
Kalshi Sues Minnesota to Block First US Felony Ban on Prediction Markets
Key TakeawaysKalshi sued the state of Minnesota on May 28 to block SF4760, a felony ban set to take effect ...
Retired Couple Loses $76,000 Life Savings To Bitcoin ATM Scam, Sues Bitcoin Depot In Federal Court
A class action filed in Idaho accuses the now-bankrupt crypto ATM operator of profiting from fraud while leaving vulnerable consumers ...
Kraken’s Parent Sues Crypto Custodian Etana over Alleged $25M “Ponzi-Like” Scheme
Kraken’s parent company, Payward, has filed a lawsuit accusing crypto custodian Etana and its CEO, Dion Brandon Russell, of misappropriating ...
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