A crypto lobbying organization has sued the state of Illinois over a last-minute tax provision inserted into the state budget last month. …
sues
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Markets
Crypto lobby group Digital Chamber sues Illinois to block digital asset tax
by shayaanby shayaanIllinois enacted a 0.2% tax on all crypto transactions last month, with the tax taking effect next year. www.coindesk.com
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Markets
Crypto lobby group Digital Chamber sues Illinois to block digital asset tax
by shayaanby shayaanIllinois enacted a 0.2% tax on all crypto transactions last month, with the tax taking effect next year. www.coindesk.com
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In brief Apple sued OpenAI and two former employees, alleging theft of hardware trade secrets. The complaint claims former Apple employees accessed …
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Regulation
Kraken sues crypto derivatives firm PowerTrade over ‘misappropriated’ funds claim
by shayaanby shayaanPayward, the parent company of cryptocurrency exchange Kraken, has taken legal action against PowerTrade, a high-leverage derivatives platform based in the U.A.E., …
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The regulatory fight over prediction markets has moved into another federal courtroom, with the Commodity Futures Trading Commission suing Kentucky officials in …
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Scams
Kalshi Sues Illinois Over New State Tax on Sports-Related Prediction Markets
by shayaanby shayaanIn brief Kalshi sued Illinois after the state created a 15% tax on revenue from sports-related prediction market wagers. The tax is …
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CME Group, the world’s largest traditional futures exchange, has filed a federal lawsuit against the Commodity Futures Trading Commission (CFTC), as detailed …
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Kentucky Attorney General Sues Polymarket And Kalshi Over Sports Betting Claims TL;DR Kentucky Attorney General Russell Coleman has escalated the state’s fight …
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Regulation
CFTC Sues New Mexico to Block State Gaming Laws From Reaching Federally Regulated Prediction Markets
by shayaanby shayaanThe Commodity Futures Trading Commission filed suit Thursday in federal court against New Mexico, seeking to prevent the state from applying its …