New York Sues Coinbase and Gemini Titan Over Prediction Markets, Calling Them Gambling
New York's attorney general has sued Coinbase Financial Markets and Gemini Titan, alleging their prediction markets constitute illegal gambling under state law. The lawsuit claims the companies operate without proper licenses and allow underage users to participate. The case highlights ongoing regulatory battles over the oversight of prediction markets.
Tickers: $COIN
Topics: Coinbase gambling laws Gemini Titan prediction markets regulatory authority