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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…

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Report: Block Bits Founder Guilty After $960K Crypto Bot Pitch Implodes

A federal jury convicted Block Bits co-founder Japheth Dillman on five fraud-related counts after prosecutors showed how nearly $1 million flowed from investors into a cryptocurrency trading operation built around…

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A Fake Crypto Wallet Reached Apple’s App Store — Three Users Say It Cost Them $1.8 Million

Three bitcoin investors say they lost nearly $1.8 million after downloading a fake Sparrow Wallet from Apple’s App Store and entering their recovery phrases. The lawsuit now challenges Apple’s app…

Continue ReadingA Fake Crypto Wallet Reached Apple’s App Store — Three Users Say It Cost Them $1.8 Million