Minnesota Bans Prediction Markets—And Is Sued By the Trump Admin Hours Later
In brief Minnesota became the first state to ban prediction markets, making it a felony to operate or advertise such platforms. Hours later, the CFTC...
Tag : Sued
Swan Bitcoin sued for nearly $1B over pre-bankruptcy transfers from Prime Trust
The post-bankruptcy trust for Prime Trust has filed suit against Swan Bitcoin, alleging the Bitcoin services company exploited insider knowledge to pull nearly $1 billion...
Law firm Fenwick & West sued for $525M over alleged role in FTX collapse
A group of 20 victims from five countries or jurisdictions has filed a $525 million lawsuit against Fenwick & West LLP, one of Silicon Valley’s...
OpenAI Sued Over Failure to Warn Police Before Tumbler Ridge Mass Shooting
In brief OpenAI faces a lawsuit alleging ChatGPT played a role in a February mass shooting in British Columbia. Plaintiffs say OpenAI’s safety team urged...