SEC Charges Boiler Room Operator and Three Entities with Defrauding Retail Investors in $74 Million Pre-IPO Investment Scam
The Securities and Exchange Commission today charged New York resident Andrew Spaventa and three entities he owned and controlled with fraud and other…
Luigi Mangione pleads guilty to stalking health-insurance CEO in federal court
Luigi Mangione, who is accused of killing a UnitedHealthcare executive, pled guilty to federal stalking charges ahead of a highprofile state murder trial in…
NYC council announces probe into ‘predatory marketing practices’ on prediction markets
Council Speaker Julie Menin sent letters to four companies offering prediction market services to New Yorkers as part of an investigation into their marketing…
CFTC invokes emergency powers to keep Kalshi operating in New York fight
The order escalates a jurisdictional fight over whether states may treat federally regulated event contracts as illegal gambling. Source：Cointelegraph
CFTC orders Kalshi to continue offering prediction markets in New York after state lawsuit
New York sued Kalshi last month in a bid to block it from operating sportsrelated prediction markets. Source：CoinDesk
Judge stays CFTC’s case against US solider over prediction market bets
A New York judge granted a motion filed by US prosecutors in July to stay the CFTC’s civil case against Gannon Ken Van Dyke over making more than $400,000 on…
SEC Charges Private Fund Adviser Adit Ventures Management, Its CEO and Affiliated General Partners in Alleged Fraud
The Securities and Exchange Commission today charged New Yorkbased investment adviser Adit Ventures Management LLC, its CEO Eric Munson, and three affiliated…
Bill Cosby takes $6 million New York City home off the market
Actor Bill Cosby has again removed his New York City townhouse from the market—weeks after canceling a deposition in an ongoing $60 million rape case because…
NY judge denies CFTC motion to halt enforcement action against Kalshi
The ruling leaves New York’s case against Kalshi in place while allowing the CFTC to renew its request before Judge Victor Marrero. Source：Cointelegraph
Circle secures New York trust charter as crypto regulatory push accelerates
The approval lets the USDC issuer offer fiduciary and custody services under New York banking law. Source：CoinDesk
Circle receives New York trust charter for subsidiary
The New York trust charter allows Circle’s subsidiary to provide fiduciary and custody services under state banking law. Source：Cointelegraph
New York sues Kalshi over alleged illegal gambling operation
The lawsuit adds to a growing clash between New York and the CFTC over whether federally regulated prediction markets are subject to state gambling laws.…