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Two Crypto Court Twists in New York: SEC Walks Away From Bitclout-Deso Case, Judge Rejects EminiFX RICO Claims

Two crypto courtroom sagas out of Manhattan delivered a pair of sharply different plot twists this week — one defendant walked away from the SEC’s fraud case for good, while…

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Prosecutors Urge Judge to Reject Sam Bankman-Fried’s Bid for New Trial in FTX Fraud Case

U.S. prosecutors are urging a federal judge to reject Sam Bankman-Fried’s attempt to secure a new trial, arguing his latest claims recycle arguments already rejected by a jury that convicted…

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US Judge Throws out Lawsuit Against Binance and CZ Over Claims of Funding Linked to Violent Attacks

A federal judge dismissed claims tying Binance and its founder Changpeng Zhao (CZ) to terrorist attacks, delivering a significant legal victory for the crypto exchange while leaving the door open…

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Legal Storm Hits Kalshi as Traders Claim ‘Death Carveout’ Erased Their Winning Bets

Traders are suing prediction market Kalshi after a controversial contract tied to Iran’s supreme leader sparked a payout dispute, igniting legal questions about how geopolitical event markets resolve outcomes and…

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Coinbase Sues 3 States as Prediction Markets Trigger Federal Versus Gambling Law Clash

Coinbase is escalating a high-stakes legal fight over prediction markets, arguing federal law — not state gambling rules — governs event contracts, a clash that could reshape U.S. financial innovation,…

Continue ReadingCoinbase Sues 3 States as Prediction Markets Trigger Federal Versus Gambling Law Clash