Tag: Sues

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Bybit sues North Korea and Lazarus Group over $1.5 billion hack, secures asset freeze

“The order is intended to preserve identified stolen digital assets while the litigation continues, representing an important step in Bybit's ongoing efforts to recover...

Binance Sues RedotPay, Ethereum Staking plan Sparks Backlash

Today in crypto, Binance-affiliated companies sued RedotPay founders over alleged losses of nearly $473 million, as Ethereum’s latest improvement proposal has sparked a fierce...

New York Sues Kalshi Over Alleged Illegal Gambling Operation

New York has sued prediction market platform Kalshi, alleging it operates an illegal, unlicensed gambling business by offering event contracts on sports, elections and...

New York sues Kalshi, will seek damages, alleging it offers gambling platform

James’ office described Kalshi’s event contracts as bets and said the platform takes wagers on professional and college sports, elections and culture. The lawsuit...

Digital Chamber Sues Illinois Officials over 0.2% Crypto Tax

Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries.All news, reviews, and analyses are produced with full...

Crypto lobby group TDC sues Illinois to block digital asset tax

A crypto lobbying organization has sued the state of Illinois over a last-minute tax provision inserted into the state budget last month.TDC (otherwise known...

Kalshi Sues Illinois Officials over Prediction Markets Restrictions

Prediction markets company Kalshi has filed a lawsuit against state officials in Illinois over legislation it says “expressly bans sports event contracts” on its...

CFTC Sues Kentucky to Defend Its Exclusive Jurisdiction Over Prediction Markets

The CFTC sued Kentucky on Tuesday to stop the state from using its own laws and a new transaction fee to push federally registered...

CME Group Sues CFTC Over Crypto Perpetual Futures

The Chicago Mercantile Exchange (CME) Group said it was taking legal action against the US Commodity Futures Trading Commission (CFTC) over cryptocurrency perpetual futures.In...

Kentucky Sues Prediction Markets Over Sports Event Contracts

Kentucky has sued five prediction market platforms, including Kalshi and Polymarket, adding to a wave of US states launching legal fights with prediction markets...

CFTC Sues New Mexico to Block State Gaming Laws From Reaching Federally Regulated Prediction Markets

The federal derivatives regulator filed suit Thursday in federal court seeking to bar New Mexico from enforcing state gaming laws against CFTC-registered prediction-market exchanges,...

SEC sues Texas man over $12.3 million alleged crypto scheme built on fake AI trading bots

The U.S. Securities and Exchange Commission (SEC) has sued Texas resident Nathan Fuller, alleging he raised about $12.3 million from roughly 150 investors through...