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New York sues Kalshi for allegedly running an ‘illegal gambling operation’
New York State is suing Kalshi, a New York-based prediction market platform, alleging it operates an unlicensed gambling operation that exposes residents—including minors—to financial and personal risk.
Jul 31, 2026
New York AG Letitia James Cautions the CLARITY Act Risks Diluting States’ Power to Prosecute Crypto Fraud Amid Rising Pressure
New York Attorney General Letitia James opposed the federal CLARITY Act, warning it would undermine state authority to prosecute crypto fraud and protect investors.
Jul 29, 2026
Judge rejects Zelle bid to dismiss lawsuit over fraud losses
A US federal judge denied Zelle's motion to dismiss a lawsuit brought by New York Attorney General Letitia James alleging systemic failure to prevent widespread fraud on the Zelle network.
Jul 23, 2026