Massachusetts Attorney General Alleges Prediction Market Kalshi Violating Gambling Laws

Prediction market Kalshi is violating Massachusetts’ state gambling laws, its attorney general alleged in a lawsuit Friday. Attorney General Andrea Joy Campbell alleged in a filing that sports event contracts, which Kalshi introduced in January 2025, violate the state’s sports wagering laws, which require operators to be licensed. Campbell is asking for a court to … Read more

DOJ’s $225M Seizure Puts Human Cost of Crypto Scams in Focus, Former Acting U.S. Attorney Says

The U.S. Department of Justice is sending a message with its recent effort to seize $225 million in crypto tied to pig butchering scams: these funds were stolen from victims. At least, that’s the takeaway from Phil Selden, a member at Cole Schotz PC and former acting US Attorney for the District of Maryland. The … Read more