New York Attorney General Sues Coinbase, Gemini Over Unlicensed Prediction Markets
New York Attorney General Letitia James filed suit in Manhattan alleging Coinbase's and Gemini's event-betting platforms constitute illegal unlicensed gambling open to users as young as 18, seeking fines, disgorgement of profits, and a halt until they obtain state Gaming Commission licenses.
Entities mentioned
- Gemini
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