<![CDATA[Coinbase Moves Prediction Markets Lawsuit to Federal Court]]>116f57c2-c3b4-494e-af74-0f1261c0ef0a-image.png
Coinbase is escalating its legal battle with New York regulators by shifting a key lawsuit to federal court. Chief legal officer Paul Grewal said the case involves “substantial questions of federal law,” particularly around how prediction markets should be regulated.

The lawsuit was originally filed by Letitia James, who claims Coinbase and Gemini offered unlicensed betting products to New York users. By moving the case, Coinbase is signaling that it believes prediction markets fall under federal — not state — jurisdiction.

]]>https://undeads.com/forum/topic/18865/coinbase-moves-prediction-markets-lawsuit-to-federal-courtRSS for NodeTue, 05 May 2026 04:48:01 GMTWed, 22 Apr 2026 12:35:55 GMT60<![CDATA[Reply to Coinbase Moves Prediction Markets Lawsuit to Federal Court on Wed, 22 Apr 2026 15:29:46 GMT]]>the core dispute around prediction markets continues to hinge on whether they are classified as derivatives or gambling instruments under US law

]]>https://undeads.com/forum/post/51559https://undeads.com/forum/post/51559Wed, 22 Apr 2026 15:29:46 GMT