Attorney General Letitia James said the cryptocurrency giants were illegally running gambling platforms in the state after they expanded into prediction markets, which are loosely regulated.
Category: Consumer Protection
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Coinbase and Gemini Accused of Illegal Gambling in N.Y. Lawsuits
The New York Times – Business: -
A $440,000 Breast Reduction: How Doctors Cashed In on the No Surprises Act and Arbitration
The New York Times – Business:A law meant to end surprise medical billing accidentally created a multibillion-dollar industry that is making doctors richer.
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Supreme Court Reviews F.C.C.’s Enforcement Power Against Communications Companies
The New York Times – Business:AT&T and Verizon were penalized millions of dollars for what the agency said was a failure to protect consumer information. The companies say they were deprived of their right to a jury trial.
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FDA Is Expected to Lift Restriction on Peptides, Heeding RFK Jr.’s Wishes
The New York Times – Business:The peptides, which are increasingly marketed as providing longevity and health benefits, were removed in 2023 from the agency’s list of products that compounding pharmacies can sell.
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10 Million Grill Brushes Recalled After Some People Ingested Loose Bristles
The New York Times – Business:In at least five cases, customers sought medical attention to remove bristles “from their digestive tract or throat,” a federal agency said.
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As Gas Prices Spike, California Is Hit Hardest
The New York Times – Business:A gallon has climbed to nearly $6 in the state, about $2 above the national average.
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Trump’s Actions Test the Fragile World of Air Travel
The New York Times – Business:Last-minute announcements and abrupt changes by the Trump administration have caused confusion in an already strained U.S. aviation system.
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Job Applicants Sue A.I. Recruitment Tool Company
A recently filed lawsuit claims the ratings assigned by A.I. screening software are similar to those of a credit agency and should be subject to the same laws.
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Trump Calls for 10 Percent Credit Card Interest Cap, After Killing Other Fee Limits
The president revived a campaign promise he has not actively pursued since taking office.