legal

Auto Added by WPeMatico

Illinois Governor Bars State Employees From Insider Bets on Prediction Markets

by

Illinois Governor JB Pritzker has signed an executive order prohibiting state employees from using nonpublic information to participate in prediction markets and event-based contracts. The order arrives while Illinois contests a federal lawsuit filed by the Commodity Futures Trading Commission (CFTC) seeking to block state enforcement against CFTC-registered prediction market operators. Key Takeaways: Illinois EO … Read more

Sam Bankman-Fried Drops New Trial Motion as FTX Portfolio Hypothetical Goes Viral

by

Sam Bankman-Fried withdrew his pro se Rule 33 motion for a new trial this week, preserving the right to refile after his pending appeal is resolved. Key Takeaways: Sam Bankman-Fried (SBF) withdrew his Rule 33 new trial motion on April 22, 2026, without prejudice, preserving the right to refile after his Second Circuit appeal concludes. … Read more

Ontario Liberals Move to Ban iGaming Advertising Four Years After Privatization

by

An Ontario Liberal MPP introduced the Stop Harmful Gambling Advertising Act, a bill that would prohibit licensed online gambling operators and their marketing partners from advertising to Ontario residents. Ontario became the first Canadian province to introduce a privatized iGaming market in 2022, and the only one to date, with Alberta set to follow suit … Read more

Unlicensed Operators Set to Overtake UK Regulated Gambling Ad Spend by 2028

by

New research from the World Advertising Research Center, published April 21, suggests that the UK’s black-market operators will outpace the regulated market in advertising spending in the next year and a half. The forecast lands one day ahead of a scheduled Westminster Hall debate on gambling advertising in Parliament, where MPs are expected to examine … Read more

Bet365, Super Group, Skycity Face Coordinated New Zealand High Court Action Over Offshore Gambling

by

Three separate proceedings have been filed in the High Court at Auckland against bet365, Super Group, and Skycity over online gambling operations offered to New Zealand residents. Key Takeaways: Three NZ High Court proceedings filed against bet365, Super Group, and Skycity. Skycity class-action claim covers February 2020- 2026 player losses. Bet365 formally objects to New … Read more

Late Gambino Boss John Gotti’s Grandson Sentenced to 15 Months for $1.1M COVID Loan Fraud Tied to Crypto Firm

by

Carmine G. Agnello Jr., the grandson of late Gambino crime family boss John J. Gotti, was sentenced this week to 15 months in federal prison for defrauding the U.S. Small Business Administration (SBA) out of approximately $1.1 million in COVID-19 pandemic relief loans. Key Takeaways: Carmine Agnello, grandson of Gambino boss John Gotti, received a … Read more

New York AG Sues Coinbase and Gemini Over Illegal Prediction Market Gambling Claims

by

New York Attorney General Letitia James filed lawsuits Tuesday against Coinbase Financial Markets and Gemini Titan, alleging their prediction market platforms operate as illegal gambling businesses under state law, according to Reuters. Key Takeaways: Reuters reported that New York AG Letitia James sued Coinbase and Gemini on April 21 for operating unlicensed prediction markets. Both … Read more

Bet365 Launches in Michigan as 17th US State, Eyes Massachusetts Next

by

UK-based bet365 launched its sportsbook and online casino in Michigan on April 17, becoming the 17th U.S. state where the operator offers sports betting. This cements its position as the most geographically aggressive European entrant into the post-PASPA American market. Key Takeaways: Bet365 went live in Michigan on April 17 as the 17th U.S. state … Read more

This Week in Crypto Law (Apr. 12, 2026)

by

Law and Ledger is a news segment focusing on crypto legal news, brought to you by Kelman Law – A law firm focused on digital asset commerce. This Week in Crypto Law The opinion editorial below was written by Alex Forehand and Michael Handelsman for Kelman.Law. This week in crypto law reflected a clear shift … Read more

Jenner Meme Coin Lawsuit Dismissed Under Howey Test by Los Angeles Federal Judge

by

A federal judge in California has ruled that Caitlyn Jenner’s JENNER meme coin does not qualify as a security under federal law, dismissing all securities claims in a proposed class action lawsuit filed against the celebrity. Key Takeaways: A federal judge dismissed all securities claims against Caitlyn Jenner’s JENNER meme coin with prejudice on April … Read more

You have not selected any currencies to display