Michigan Federal Judge Rules Sports Prediction Markets Are Not Under CFTC Pur…
In recent developments, the judge said Polymarket is not likely to succeed on the merits of its case against Michigan state regulators. The development has drawn attention from traders and…
NY judge pushes back hearing for Aave’s bid to unfreeze $71M in ETH
In recent developments, a New York judge has ordered supplemental briefings because Aave did not adequately outline how compounding losses could occur if the restraining notice remains in place. Looking…
Judge Clears $71M ETH Transfer to Aave as rsETH Recovery Enters Final Phase
In recent developments, a U.S. federal judge has authorized the transfer of approximately 30,765 ETH, worth roughly $71 million, to an Aave-controlled wallet, clearing the final legal obstacle in decentralized…
Jenner Meme Coin Lawsuit Dismissed Under Howey Test by Los Angeles Federal Judge
In recent developments, a federal judge in California has ruled that Caitlyn Jenner’s JENNER meme coin does not qualify as a security under federal law, dismissing all securities claims in…
Judge continues Nevada ban on Kalshi sports markets
In recent developments, a state judge ruled that Kalshi’s prediction markets offering sports bets were “indistinguishable” from gambling, and extended a temporary ban in Nevada. Looking closer, market participants highlight…
Nevada judge extends ban on Kalshi, rejects event contract defense
In recent developments, the judge said Kalshi’s event contracts are indistinguishable from sports betting, supporting the state’s position that the platform requires a gaming license. Looking closer, market participants highlight…
Nvidia Crypto Revenue Lawsuit Gets Class Certification From California Federa…
In recent developments, a federal judge in California granted class certification on March 25 in a long-running securities fraud lawsuit accusing Nvidia of hiding more than $1 billion in cryptocurrency-driven…
Federal Judge Blocks Pentagon From Labeling Anthropic a National Security Threat
In recent developments, this past week, a federal judge in San Francisco blocked the Pentagon and the Trump administration from enforcing a national security designation against Anthropic, the artificial intelligence…
Nevada judge temporarily blocks Kalshi from operating in the state
In recent developments, a Nevada state judge has sided with local authorities to ban Kalshi’s sports, election and entertainment event contracts in the state for 14 days. Looking closer, market…
US judge asks for clarification on Do Kwon’s foreign charges
In recent developments, the Terraform Labs co-founder could face up to 40 years in prison in South Korea, but a judge questioned whether the country would ignore his US sentence.…
