{"id":772003,"date":"2026-04-21T15:23:23","date_gmt":"2026-04-21T19:23:23","guid":{"rendered":"https:\/\/www.sportsbettingdime.com\/?p=772003"},"modified":"2026-04-21T15:24:34","modified_gmt":"2026-04-21T19:24:34","slug":"new-york-attorney-general-sues-coinbase-gemini-for-alleged-illegal-gambling","status":"publish","type":"post","link":"https:\/\/www.sportsbettingdime.com\/news\/betting\/new-york-attorney-general-sues-coinbase-gemini-for-alleged-illegal-gambling\/","title":{"rendered":"New York Attorney General Sues Coinbase, Gemini For Alleged Illegal Gambling"},"content":{"rendered":"\n

New York Attorney General Letitia James <\/strong>today sued Coinbase Financial Markets and Gemini, Titan LLC for unlicensed gambling in the state<\/li>\n\n\n\n
According to attorney general, both prediction market companies offer residents ability to illegally bet on sports, politics, and entertainment in New York<\/li>\n\n\n\n
Attorney General James is asking court to require companies to forfeit illegal profits and distribute restitution to customers<\/li>\n<\/ul>\n\n\n\n
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New York Attorney General Letitia James <\/strong>today levied lawsuits against both Coinbase Financial Markets and Gemini, Titan LLC<\/a>, alleging the prediction market companies engaged in unlicensed gambling in the state. <\/p>\n\n\n\n
The lawsuits come just two months after James issued a warning to the New York sports betting industry and consumers<\/a> to steer clear of prediction markets offering event contracts centered around sports, politics, and entertainment. <\/p>
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