Letitia James

New York sues Polymarket, seeks triple gains and $100,000 penalties over prediction markets

New York has sued Polymarket, alleging its US prediction market is an unlicensed gambling business operating across the state. On Sept. 24, Attorney General Letitia James asked a New York state court to stop QCX LLC, which operates as Polymarket US, from offering event contracts without a state gaming license and to order restitution, disgorgement, […]

CryptoSlate•Oluwapelumi Adejumo2h ago

• neutral toward Polymarket · 96%

New York Sues Polymarket, Calling Prediction Market an Illegal Gambling Operation

Bitcoin Magazine New York Sues Polymarket, Calling Prediction Market an Illegal Gambling Operation Attorney General Letitia James and Governor Kathy Hochul allege Polymarket operates without a license in a new complaint. This post New York Sues Polymarket, Calling Prediction Market an Illegal Gambling Operation first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .

Bitcoin Magazine•Mathew Di Salvo3h ago

Polymarket sued by New York over alleged illegal gambling

New York Attorney General Letitia James has sued Polymarket, alleging that the prediction market operated without a state gambling license and allowed people under 21 to use its platform. According to a petition filed by New York Attorney General Letitia…

Crypto.news•Lawrence Mondal7h ago

• neutral toward Polymarket · 98%

New York Wants to Ban Polymarket, Lawsuit Calls It 'Illegal Gambling Operation'

Attorney General Letitia James and Governor Kathy Hochul allege the prediction market operates without a license and exposes New Yorkers to gambling harms.

Decrypt•Decrypt Staff7h ago

• neutral toward Polymarket · 96%

New York sues Polymarket U.S., two months after filing lawsuit against Kalshi

State attorney general Letitia James claims Polymarket has violated the state's gambling laws.

CNBC9h ago

• neutral toward Kalshi · 92%

New York Sues Polymarket US Over Unlicensed Gambling

Attorney General Letitia James asks a Manhattan court to shut the CFTC-designated exchange out of the state, award three times its gains, and impose $100,000 for each sports contract it offered.

The Defiant•The Defiant Team9h ago

• neutral toward Polymarket · 88%

NY AG Sues Polymarket, Calls Prediction Market Illegal Gambling

New York has sued Polymarket, accusing the prediction market of running an illegal gambling operation while advertising sports betting across all 50 states. New York Attorney General Letitia James’ lawsuit reveals the latest front in a widening fight between states and federal regulators over who gets to police prediction markets. New York Comes for Polymarket […]

Bitcoin.com News•Jamie Redman9h ago

New York Attorney General Letitia James files suit against Polymarket

New York AG Letitia James has filed suit against Polymarket, accusing it of being an illegal gambling operation that is operating in the New York without a license.

ABC News10h ago

• neutral toward Letitia James · 98%

So Not A Shocker! Trump Weighs In For David Ellison & Paramount Over $1.88B Bond Battle With States

Surprising no one except for the timing, Donald Trump’s Department of Justice has weighed in on the $1.88 billion bond battle between David Ellison’s Paramount and a dozen blue states over the $111 billion merger with Warner Bros Discovery. Disputing the very right of California Attorney General Rob Bonta, New York’s Letitia James and others […]

Deadline•Dominic Patten15 Sept

NY AG Letitia James Throws a Wrench Into Washington’s CLARITY Act

New York Attorney General Letitia James is leading a bipartisan coalition of 18 states to kill a landmark cryptocurrency bill on the eve of the CLARITY Act Senate vote. The twist is that the legislation grants these state prosecutors unprecedented national power over presidential crypto holdings. Yet the coalition is willing to throw that authority […]

Bitcoin.com News•Jamie Redman14 Sept

Letitia James leads bipartisan coalition of 17 attorneys general against Clarity Act ahead of Senate vote

The bipartisan coalition's opposition highlights concerns over federal overreach potentially undermining state-level consumer protection efforts.

CryptoBriefing•Editorial Team14 Sept

NY Attorney General James leads bipartisan push against the Clarity Act ahead of initial Senate vote

New York Attorney General Letitia James led a group of 17 bipartisan attorneys general urging lawmakers to vote against crypto legislation.

The Block•Sarah Wynn14 Sept

CFTC uses unprecedented authority to keep Kalshi operating

The Commodity Futures Trading Commission (CFTC) has invoked unprecedented emergency authority to allow prediction market Kalshi to continue operating, directly responding to a lawsuit filed by New York State Attorney General Letitia James.  The CFTC has already sued nine states–…

Crypto.news•Selva Ozelli17 Aug

$11 Billion in Crypto Losses Adds Pressure on CLARITY Act

New York Attorney General Letitia James urged Congress to strengthen cryptocurrency regulation as the FBI reported more than $11 billion in crypto-related losses. Her Senate testimony argued the pending CLARITY Act would weaken state enforcement against digital asset scams. James Warns Federal Bill Could Weaken State Enforcement New York Attorney General Letitia James called on […]

Bitcoin.com News•Kevin Helms2 Aug

‘OC’ Actor Ben McKenzie Urges Congress to Block CLARITY Act Over Trump Ties

New York Attorney General Letitia James has also warned the bill could reduce states' ability to pursue crypto fraud cases.

CryptoPotato•Wayne Jones28 Jul

New York AG warns CLARITY Act could weaken state crypto enforcement

New York Attorney General Letitia James said the federal crypto market structure bill could restrict state regulators and urged Congress to impose stronger consumer protections on digital asset platforms.

Cointelegraph•Cointelegraph by Ezra Reguerra27 Jul

CLARITY Act would weaken state fraud powers, James warns

New York Attorney General Letitia James has urged Congress to revise the CLARITY Act, warning that the crypto market structure bill could restrict states from prosecuting fraud and enforcing investor protection laws. James challenges the CLARITY Act’s enforcement rules James…

Crypto.news•Lawrence Mondal27 Jul

NY Attorney General Letitia James warns Clarity Act would ‘dilute’ states’ ability to go after fraud as pressure mounts

NYAG Letitia James urged Congress to tighten a crypto bill, warning that it would weaken states' ability to police the industry.

The Block•Sarah Wynn27 Jul

New York AG Letitia James Opposes the Crypto Bill Coinbase Wants Passed August 3

Letitia James says a Senate crypto bill guts state fraud cases. Coinbase wants a vote by August 3.

BeInCrypto•Lockridge Okoth27 Jul