{"version":"1.0","type":"card","id":"d25736d8-4ed5-480d-a916-f03671001ea5","url":"https://stacklist.com/card/d25736d8-4ed5-480d-a916-f03671001ea5","title":"New York Sues Coinbase and Gemini Over Prediction Markets","source_url":"https://www.coindesk.com/policy/2026/04/21/new-york-sues-coinbase-gemini-over-prediction-market-offerings","note":"New York has become the latest state to argue that prediction market contracts touching on sports and entertainment violate state gambling laws. This legal action highlights ongoing regulatory scrutiny of cryptocurrency platforms and their offerings.","image":{"url":"https://ucarecdn.com/ab2bca66-3362-4c91-bbe2-e5528907c895/","alt":"New York Sues Coinbase and Gemini Over Prediction Markets","width":1200,"height":630},"stack":{"id":"c6464fda-6641-4252-9426-0e46ec6243cf","title":"Signals Served #008 — Efficiency Is Outcompeting Excess","url":"https://stacklist.com/c/finance/stack/c6464fda-6641-4252-9426-0e46ec6243cf"},"created_at":"2026-04-30T13:18:44.863Z","updated_at":null,"aco":{"summary":"New York Attorney General Letitia James sued Coinbase and Gemini, alleging their prediction market offerings on sports, entertainment, and elections constitute illegal gambling under state law. The lawsuits join similar actions by other states, while the CFTC argues prediction markets fall under its exclusive federal jurisdiction, setting up a likely U.S. Supreme Court battle.","tags":["prediction-markets","gambling-laws","coinbase","gemini","new-york","regulation","cftc"],"key_entities":[{"name":"Letitia James","type":"person","confidence":0.99},{"name":"Paul Grewal","type":"person","confidence":0.95},{"name":"Mike Selig","type":"person","confidence":0.93},{"name":"Nikhilesh De","type":"person","confidence":0.9},{"name":"Coinbase","type":"organization","confidence":0.99},{"name":"Gemini","type":"organization","confidence":0.99},{"name":"Commodity Futures Trading Commission","type":"organization","confidence":0.98},{"name":"Kalshi","type":"organization","confidence":0.92},{"name":"New York State Gaming Commission","type":"organization","confidence":0.88},{"name":"New York","type":"location","confidence":0.99},{"name":"prediction markets","type":"concept","confidence":0.99},{"name":"gambling regulation","type":"concept","confidence":0.95},{"name":"federal jurisdiction","type":"concept","confidence":0.88}],"classification":"analysis","language":"en","confidence":0.85,"provenance":{"model":"claude-opus-4-6","tool":"@stacklist/mcp-server@2.0.0","confidence":0.85,"timestamp":"2026-04-30T13:18:53.567Z"},"token_counts":{"approximate":1773,"cl100k":1427},"content_hash":"sha256:007c76b47e4ae57c0e1fa24d336d0ad3a1d7e0f860284796b46bc70f18cfa403","acp_version":"0.2","body_available":true,"body_tokens":1773,"visibility":"public","agent_accessible":true,"status":"final"},"_links":{"self":"/api/public/card/d25736d8-4ed5-480d-a916-f03671001ea5.json","html":"https://stacklist.com/card/d25736d8-4ed5-480d-a916-f03671001ea5","md":"/api/public/card/d25736d8-4ed5-480d-a916-f03671001ea5.md","stack_json":"/api/public/stack/c6464fda-6641-4252-9426-0e46ec6243cf.json"}}