Prediction market Kalshi is violating Massachusetts' state gambling laws, its attorney general alleged in a lawsuit Friday.Attorney General Andrea Joy Campbell alleged in a filing that sports event contracts, which…
An amended class-action complaint filed in the Southern District of New York alleges that memecoin platform Pump.fun operates as a “front-facing slot machine cabinet” in an enterprise that extracted more…
In brief
Prosecutors admitted that early Telegram logs omitted key metadata that could have helped identify the messages as forwarded.
Storm's defense says the misattribution may have misled a grand jury and…
A newly unsealed complaint from bankrupt crypto lender Genesis reveals internal communications at its parent company, Digital Currency Group (DCG), suggested executives were aware of financial mismanagement and looming legal…
In brief
Gemini has accused the CFTC of waging a seven-year “lawfare” campaign driven by career ambitions, not consumer protection.
The complaint claims CFTC lawyers relied on false whistleblower claims from a…
Key Points:Changpeng Zhao (CZ) accuses the WSJ of defamation tactics.Allegations suggest financial backing from a rival venture firm.Market impact appears minimal as BNB stability persists.
Changpeng Zhao (CZ), founder and former…
This is a segment from The Drop newsletter. To read full editions, subscribe.Axie Infinity and Sky Mavis cofounder Alexander Larsen is calling out Sui-powered game Seed, also known as Seed…