In brief Florida filed a lawsuit against OpenAI and CEO Sam Altman, alleging the company misled consumers about ChatGPT’s safety and risks. …
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Regulation
Retired Couple Loses $76,000 Life Savings to Bitcoin ATM Scam, Sues Bitcoin Depot in Federal Court
by shayaanby shayaanA class action filed in Idaho accuses the now-bankrupt crypto ATM operator of profiting from fraud while leaving vulnerable consumers unprotected. A …
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Markets
SEC sues Texas man over $12.3 million alleged crypto scheme built on fake AI trading bots
by shayaanby shayaanFuller allegedly diverted $6.2 million for personal use and $5.5M for Ponzi-like payments; only 3% of funds went to crypto trading. www.coindesk.com
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Regulation
Trump-affiliated World Liberty sues Justin Sun for ‘defamation’ after Tron creator’s lawsuit
by shayaanby shayaanWorld Liberty Financial, the cryptocurrency company affiliated with U.S. President Donald Trump and his family, filed a defamation lawsuit against Tron creator …
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Markets
CFTC sues Wisconsin in agency's legal campaign defending prediction markets authority
by shayaanby shayaanThe U.S. Commodity Futures Trading Commission added Wisconsin to the list of states it’s sued over event-contract jurisdiction, most recently New York. …
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In brief Wisconsin Attorney General Josh Kaul has filed complaints targeting Kalshi, Polymarket, Robinhood, Crypto.com, and Coinbase over their prediction market offerings. …
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Regulation
New York Attorney General Sues Coinbase, Gemini Over Unlicensed Prediction Markets
by shayaanby shayaanNew York Attorney General Letitia James sued Coinbase Financial Markets, Inc. and Gemini, Titan LLC on April 21, 2026, alleging both platforms …
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In brief Tron founder Justin Sun filed suit Tuesday against World Liberty Financial in California federal court over frozen tokens and stripped …
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New York has become the latest state to argue that prediction market contracts touching on sports and entertainment violate state gambling laws. …
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Regulation
Crypto wallet firm Exodus sues W3C and its CEO Garth Howat, seeking to compel $175M acquisition
by shayaanby shayaanListed cryptocurrency firm Exodus Movement (EXOD) is suing W3C, the parent company of crypto card and payments specialists Baanx and Monovate, and …