Uphold Rejects New York Claims After $5M Customer Repayment Deal

In recent developments, uphold rejected New York’s CredEarn settlement claims, saying the regulator misrepresented its role in Cred LLC’s collapse. The company agreed to more than $5 million in customer…

New York forces Uphold to pay $5M over fraudulent crypto investment scheme

In recent developments, new York AG Letitia James secured a $5 million settlement from Uphold for promoting CredEarn, a crypto savings product that misled users about its risks. Looking closer,…

CFTC sues New York over bid to apply gambling laws to prediction markets

In recent developments, the CFTC has filed suit to block New York from enforcing gambling laws on prediction platforms, arguing federal regulators have sole authority over event-based contracts. Looking closer,…

New York Sues Coinbase and Gemini Over ‘Prediction Markets’

In recent developments, law and Ledger is a news segment focusing on crypto legal news, brought to you by Kelman Law – A law firm focused on digital asset commerce.…

New York, Illinois sign EO banning state employees from prediction markets

In recent developments, new York Governor Kathy Hochul criticized the Trump administration for not implementing any “meaningful ethical standards” to curb insider trading in prediction markets. Looking closer, market participants…

Coinbase shifts New York prediction markets fight to federal court

In recent developments, coinbase legal chief Paul Grewal says the company removed New York’s prediction markets lawsuit to federal court, setting up a sharper fight over CFTC authority and state…

New York AG Sues Coinbase and Gemini Over Illegal Prediction Market Gambling …

In recent developments, new York Attorney General Letitia James filed lawsuits Tuesday against Coinbase Financial Markets and Gemini Titan, alleging their prediction market platforms operate as illegal gambling businesses under…

Ledger Opens New York City Office to Scale US Expansion

In recent developments, ledger establishes a new strategic hub in New York City through a multi-million dollar investment to support its growing institutional business. Ledger, the Paris-headquartered hardware wallet manufacturer,…

New York Lawmakers Target Prediction Markets as NHL’s Rangers Ink Polymarket …

In recent developments, a New York assemblyman reintroduced a bill that would restrict prediction markets, barring bets on individual sports matches, war, and more. Looking closer, market participants highlight key…

New York Mandates AI Advertising Disclosures, Faces Showdown Over Trump Execu…

In recent developments, new York state legislation now mandates AI disclosure in advertising, while SAG-AFTRA lobbies for nationwide No Fakes Act protections. Looking closer, market participants highlight key drivers such…