Browsing: sues
Fuller allegedly diverted $6.2 million for personal use and $5.5M for Ponzi-like payments; only 3% of funds went to crypto…
Key TakeawaysFederal officials are challenging Rhode Island’s attempt to regulate event-contract platforms under gambling laws.Prediction markets have become a major…
The U.S. Commodity Futures Trading Commission added Wisconsin to the list of states it’s sued over event-contract jurisdiction, most recently…
The Justice Department on Tuesday sued Cloudera Inc., accusing the enterprise data and artificial intelligence company of deliberately engineering a…
New York has become the latest state to argue that prediction market contracts touching on sports and entertainment violate state…
Authored by Tom Gantert via The Epoch Times (emphasis ours),Elon Musk’s artificial intelligence company, xAI, filed a lawsuit on April 9…
The CFTC argued in a lawsuit that the Commodity Exchange Act gave it “exclusive jurisdiction” over all swaps, which include…
Authored by Brett Rowland via The Center Square,The U.S. Justice Department’s Civil Rights Division filed a lawsuit Monday against Minnesota,…
The Washington state attorney general alleged Kalshi offers “gambling products” products dressed up as prediction markets in a lawsuit Friday.…
Prediction market Kalshi is suing the U.S. Commodity Futures Trading Commission (CFTC) for denying its effort to list derivatives for…