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#Letitia James

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Celsius Founder Alex Mashinsky Faces Lifetime Crypto Ban and Up to $35 Million in New York AG Settlement
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Celsius Founder Alex Mashinsky Faces Lifetime Crypto Ban and Up to $35 Million in New York AG Settlement

Key Highlights New York Attorney General Letitia James secured a settlement worth up to $35 million against former Celsius CEO Alex Mashinsky. Mashinsky faces a lifetime ban from operating in the securities, commodities, and cryptocurrency sectors in New York. The former executive is currently serving a 12-year federal prison sentence following guilty pleas for commodities ...

New York Sues Polymarket, Accusing Prediction Market of Illegal Gambling
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New York Sues Polymarket, Accusing Prediction Market of Illegal Gambling

Key Highlights New York Attorney General Letitia James and Governor Kathy Hochul filed a lawsuit Thursday accusing Polymarket of operating an unlicensed gambling business in violation of state law. The complaint alleges Polymarket avoided licensing requirements and taxes that fund public schools, youth sports, and problem gambling treatment, while allowing users aged 18 to 20 ...