New York has filed a lawsuit against prediction market platform Kalshi, accusing the company of operating an unlicensed gambling business by offering sports and event-based wagering to residents without a state gaming license. The petition, filed Friday in the New York Supreme Court, seeks to block Kalshi from continuing its operations in the state. Authorities are also requesting a full accounting of customer wagers, betting losses, company profits, restitution, damages, and civil penalties. According to a statement from Governor Kathy Hochul and Attorney General Letitia James, New York is… Read more
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Michael Saylor, co-founder of MicroStrategy, recently shared insights on navigating the challenging Bitcoin market through a detailed earnings call. He emphasized the importance of capital
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