Coinbase, Gemini Nudge NY 'Gambling' Cases To Fed. Court

By Katryna Perera ( April 22, 2026, 9:48 PM EDT) -- A day after being sued by the New York Attorney General's Office for allegedly running illegal gambling operations through sports and election event contract offerings, Coinbase and Gemini on Wednesday sent the cases to federal court, claiming their services are federally regulated by the U.S. Commodity Futures Trading Commission and not state gambling regulators....

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