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New York AG Secures $5 Million From Crypto Platform

New York AG Letitia James reached a $5 million settlement with cryptocurrency platform Uphold HQ Inc. for allegedly misleading investors while promoting CredEarn, a crypto investment product from now-collapsed Cred LLC, in violation of the Martin Act and Executive Law § 63(12). According to the AG’s office, Uphold promoted CredEarn as a safe, reliable savings…

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NY AG Sues Coinbase, Gemini Over Unlicensed “Prediction Markets”

New York AG Letitia James sued Coinbase Financial Markets, Inc. and Gemini Titan, LLC, alleging that the companies operated unlicensed “prediction market” platforms that constituted illegal gambling operations in New York. According to the petitions filed against Coinbase and Gemini, both companies offered “event contracts” that the AG alleges constitute gambling by allowing users wager…

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Price Check in Aisle AG: New York and New Jersey Target Surveillance Pricing

Recent proposals in New York and New Jersey are signaling broader state interest in so-called “surveillance pricing,” with New York AG Letitia James backing a two-bill “One Fair Price Package” aimed at curbing data-driven price setting, while New Jersey lawmakers advanced a parallel measure focused on grocery stores. One of the New York bills, Assembly…

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AGs Step Up AI Accountability

Arizona AG Kris Mayes is investigating reports that xAI’s artificial intelligence chatbot Grok, which has been integrated into social media platform X, has been used to generate and distribute child sexual abuse material (CSAM) and nonconsensual, exploitative images, among other alleged conduct. Following an investigation similar to Arizona’s, California AG Rob Bonta sent a cease-and-desist…

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