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New York AG Letitia James secured a $5 million settlement from Uphold for promoting CredEarn, a crypto savings product that misled users about its risks. New York Attorney General Letitia James has secured more than $5 million from cryptocurrency platform Uphold over its role in promoting a fraudulent investment product. The settlement centers around Uphold’s promotion of CredEarn, a product offered by Cred, LLC and its CEO Daniel Schatt. Between January 2019 and October 2020, the platform marketed CredEarn to users on its platform and mobile app as a safe, reliable savings product with attractive annual interest payments. However, Uphold didn’t tell customers that Cred was generating those returns by making microloans to low-income video game players in China, who are typically borrowers with no credit histories and no access to traditional financial institutions, the Attorney General’s office said in an announcement.   Read more

Un presupus bilet de adio scris de Jeffrey Epstein înainte de moartea sa în închisoare ar fi fost păstrat sub sigiliu timp de aproape șapte ani într-un tribunal federal din New York, potrivit unei investigații publicate de The New York Times.

The CFTC has filed suit to block New York from enforcing gambling laws on prediction platforms, arguing federal regulators have sole authority over event-based contracts. The Commodity Futures Trading Commission (CFTC) has filed a lawsuit against New York to stop the state from applying its gambling laws to federally regulated prediction market platforms, escalating a growing clash over who has authority to oversee these products. In a complaint lodged in the US District Court for the Southern District of New York, the CFTC argued that federal law gives it exclusive authority over these markets, asking the court for a declaratory judgment and a permanent injunction against New York’s enforcement actions. “CFTC-registered exchanges have faced an onslaught of state lawsuits seeking to limit Americans’ access to event contracts and undermine the CFTC’s sole regulatory jurisdiction over prediction markets,” CFTC Chair Michael Selig said. Read more

MoonPay has expanded its virtual accounts product to New York, allowing businesses to convert fiat into stablecoins and settle funds without prefunding across jurisdictions. MoonPay has launched fiat-to-stablecoin virtual accounts in New York, allowing businesses to convert incoming funds from bank rails such as ACH and SWIFT into stablecoins and settle them directly to non-custodial wallets through a single API. The product is underpinned by technology provider Iron and allows platforms to issue named, dedicated accounts that receive fiat and automatically convert it into stablecoins, enabling payment, trading and treasury flows without relying on prefunded balances or multiple intermediaries. The rollout in New York follows MoonPay’s acquisition of Iron in 2025 and builds on integrations with platforms including Deel and Paysafe, extending its stablecoin infrastructure across payroll and payments networks, according to Thursday's announcement. Read more

Top prediction market platforms, including Kalshi and Polymarket, are rushing to offer highly leveraged crypto derivatives at the exact moment state and federal authorities are clashing in court over whether the industry’s core products constitute illegal betting or legitimate financial instruments. Over the past year, these companies have gained national prominence by facilitating wagers on […] The post New York demands $3.4B in crypto fines: Inside the fight to turn prediction apps into nonstop leverage casinos appeared first on CryptoSlate.

Coinbase legal chief Paul Grewal says the company removed New York’s prediction markets lawsuit to federal court, setting up a sharper fight over CFTC authority and state gambling laws. Coinbase’s chief legal officer, Paul Grewal, said Wednesday that the company had removed New York Attorney General Letitia James’ prediction markets lawsuit from state court to federal court, arguing that the case turns on disputed questions of federal law over how event contracts are regulated. The move escalates a legal fight that could help define whether prediction markets fall under federal commodities regulation and the scope of the US Commodities and Futures Trading Commission’s (CFTC) or state gambling laws, with broader implications for the oversight of platforms like Coinbase and Gemini. “We have removed this action to federal court,” wrote Grewal in a Wednesday X post, adding that New York’s claims raise “disputed and substantial questions of federal law” and are subject to “complete preemption.” Read more

New York has become the latest state to argue that prediction market contracts touching on sports and entertainment violate state gambling laws.

Flyers advertising an “IsraelFest” event to celebrate Israel’s 78th Independence Day at Scarsdale High School were found in a boys’ bathroom urinal.

Attorney General Letitia James alleged that Coinbase and Gemini ran unlicensed markets, adding pressure on crypto companies as states move to regulate event-based trading platforms. New York's attorney general has filed lawsuits against crypto exchange operators Coinbase Financial Markets and Gemini Titan for allegedly violating state gambling laws, according to court records cited by Reuters. Copies of the complaints show the state alleges both exchanges failed to obtain licenses from the New York State Gaming Commission to operate their markets, Reuters reported.  “Gambling by another name is still gambling, ​and it ​is not ⁠exempt from regulation under our state laws and Constitution,” Attorney General Letitia James said in a statement. Read more

Bărbatul care a atacat cu o macetă trei persoane la metroul din New York avea 44 de ani și credea că este „Lucifer”. Toate victimele sale sunt persoane în vârstă, scrie The New York Post.

De politie in New York heeft een man doodgeschoten in een vertrekhal van Grand Central Station, nadat hij drie mensen met een machete had verwond. Dat meldt NBC News. De identiteit van de aanvaller is bekend, maar het is nog onduidelijk waarom hij zijn slachtoffers aanviel.

Poliţia din New York a împuşcat mortal sâmbătă un bărbat care înjunghiase cel puţin trei persoane în staţia de metrou Grand Central Station.

Shows are canceled, clubs come under attack and politics is dividing the community. The lives of Israeli jazz musicians in New York are no longer the same

A plane carrying dozens of people collided with a fire truck early on Monday on a runway at New York’s LaGuardia airport, killing the pilot and co-pilot and forcing a halt to flights, authorities and United States media reported. AFP pictures showed the heavily damaged nose and cockpit section of the Air Canada Express plane, which had arrived from Montreal, on the tarmac flanked by emergency vehicles with their lights flashing. The pilot and co-pilot were killed in the collision, US media including CNN and NBC reported. Another 13 people, including 11 passengers and two first responders, were taken to the hospital with injuries, according to broadcaster ABC. The aircraft operated by Jazz Aviation, a regional partner of Air Canada, struck a firefighting vehicle on Runway 4 at around 11:40pm on Sunday night (8:40am PKT on Monday) as it responded to a separate incident, New York’s port authority said. A preliminary passenger list showed the 76 people onboard included four crew members, Jazz Aviation said in a s...

According to the WJC, the discussion focused on the global rise in antisemitism, ongoing efforts to counter it, and the need for broader coordination among Jewish organizations and community leaders.

Social Equality Minister May Golan, under investigation for alleged misuse of public funds, flew to New York for UN Women's Day, calling the trip a 'political necessity' despite wartime emergency guidelines and widespread flight cancellations. Many of her predecessors attended virtually or not at all

New York counterterror police said they were carrying out an investigation on Saturday after a man threw “ignited devices” near far-right protesters demonstrating outside the mayor’s home. New York Police Commissioner Jessica Tisch said the devices contained nuts, bolts and screws as well as a fuse — but it was not yet clear if they were functional improvised explosive devices, or hoax imitations. The Federal Bureau of Investigation said in an X post that its Joint Terrorism Task Force was “actively investigating” the matter along with New York City Police. There was no indication the incident was related to the ongoing hostilities in Iran, Tisch added. Police arrested six people over unrest at the protest, she said, including two suspects in connection with the devices. Far-right influencer Jake Lang was demonstrating against alleged “Islamification” and calling for an end to “public Muslim prayer” in New York in front of Gracie Mansion, the residence of Mayor Zohran Mamdani. His protest drew around 20 peopl...

New York users gain access to Strike’s Bitcoin brokerage, recurring buys and paycheck-to-Bitcoin services after the NYDFS licensing approvals. Payments company Strike received a virtual currency license and a money transmitter license (MTL) from the New York State Department of Financial Services (NYDFS), allowing the company to offer its Bitcoin services to residents and businesses in New York. Granted in February, the approvals authorize Zap Solutions, Inc., which does business as Strike, to operate under New York’s digital asset regulatory framework, the company said in a Thursday release. New York residents can now use Strike to buy and sell Bitcoin (BTC), set recurring or price-targeted purchases and convert direct-deposited paychecks into Bitcoin. The platform also allows users to pay bills from Bitcoin balances and withdraw funds to self-custody wallets. Read more

A federal judge in New York dismissed fraud claims against Uniswap for the second time this month, and the decision carries implications far beyond the cryptocurrency industry. At stake: whether platforms that provide neutral infrastructure can be held liable when bad actors exploit those tools to commit fraud. Judge Katherine Polk Failla's ruling applies a […] The post Uniswap wins again in New York court as judge draws new line on DeFi liability appeared first on CryptoSlate.

The ruling keeps pre‑2019 investor claims in open court and rejects Binance’s bid to send the dispute to private arbitration in Singapore. A United States federal judge ruled that Binance cannot force a group of US customers to arbitrate claims over losses on crypto tokens they bought on its global platform before Feb. 20, 2019, keeping a major class action in open court. The decision on Thursday by District Judge Andrew Carter Jr. in the Southern District of New York held that those claims were not bound by Binance.com’s 2019 arbitration clause because users lacked sufficient notice when the company unilaterally shifted its terms of use away from the 2017 version, which contained no arbitration or class action waiver provisions. According to the judge, Binance relied on a general change‑of‑terms clause and the posting of updated 2019 terms on its website, and there was no evidence that the exchange provided any individual notice or formally “announced” the new arbitration provision to users. Read more