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: Gemini Trust Co LLC
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Coinbase and Gemini Accused of Illegal Gambling in N.Y. Lawsuits
The New York Times – Business: -
The S.E.C. Was Tough on Crypto. It Pulled Back After Trump Returned to Office.
An investigation by The Times found the administration’s change in enforcement benefited the industry, including companies that had ties to the president.
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How Crypto Lobbying Won Over Trump
The industry’s courtship of Donald J. Trump resulted in one of the great lobbying free-for-alls in recent Washington history.
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SEC Charges Crypto Companies With Offering Unregistered Securities
The New York Times – Business:The S.E.C. charged Genesis Global Capital and Gemini Trust, which is run by Cameron and Tyler Winklevoss, as crypto companies face heightened regulatory scrutiny.
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Oil Prices Rise as the West Imposes a Cap on Russian Crude
The New York Times – Business:Energy traders pushed crude prices higher on Monday following Europe’s embargo of seaborne Russian crude and a price cap by Group of 7 nations went into effect.