Key Takeaways New York is suing prediction market Kalshi for operating as an unlicensed gambling platform. Kalshi CEO Tarek Mansour claims the lawsuit is driven by traditional gambling firms fearing disruption. The CFTC argues it has exclusive jurisdictio... See more
Tarek Mansour, CEO of Kalshi, stressed that the legal actions the state of New York has taken against his platform are being pushed by the gambling industry lobby. Mansour stressed that if New York takes Kalshi down, “they’re gonna have a lot of pissed of... See more
Key Takeaways Stolen bitcoin from the Coldcard exploit moved to Duel Casino, but the platform refused to freeze the funds. Duel Casino requires official law enforcement confirmation before blocking user balances. Galaxy Digital’s Head of Research criticiz... See more
Key Takeaways Victims are planning class-action lawsuits against Coinkite after losing $88 million to the Coldcard wallet bug. Legal experts are sharply divided on Coinkite’s liability, complicating victims’ prospects for recovering funds. These potential... See more
Key Takeaways Coinkite emailed buyers dating back to 2019 to warn of a bug, sparking anger over data retention. Users slammed the firm for storing email data despite past claims of erasing buyer info after 90 days. Coinkite defended holding emails for acc... See more
