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JD Audena
life’s better when it’s bold, curious, and a little chaotic | building & becoming always | in service of the future | fellow omnipotentialite and friend to @KyleHudson
stacklist.com/jdaudena
life’s better when it’s bold, curious, and a little chaotic | building & becoming always | in service of the future | fellow omnipotentialite and friend to @KyleHudson
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New York Sues Coinbase and Gemini Over Prediction Markets
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.
Built for AI agentsACO · 1773 tokens
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
Letitia James (person, 0.99) · Paul Grewal (person, 0.95) · Mike Selig (person, 0.93) · Nikhilesh De (person, 0.9) · Coinbase (organization, 0.99) · Gemini (organization, 0.99) · Commodity Futures Trading Commission (organization, 0.98) · Kalshi (organization, 0.92) · New York State Gaming Commission (organization, 0.88) · New York (location, 0.99) · prediction markets (concept, 0.99) · gambling regulation (concept, 0.95) · federal jurisdiction (concept, 0.88)
Classification
analysis · language en · status final
Provenance
claude-opus-4-6 via @stacklist/mcp-server@2.0.0, confidence 0.85, 30 Apr 2026