New York Attorney General Letitia James (D) sued Coinbase and Gemini on Tuesday, accusing the two crypto companies of violating state gambling laws with their prediction markets. James argues that the platforms fall within the state’s definition of gambling and, as a result, are running afoul of state tax obligations and gambling restrictions on New…
Politics
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New York claims Coinbase, Gemini prediction markets violate gambling laws
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CitrixNews Staff
Originally reported by The Hill. Read the full story at the original source.
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