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📰 New York sues Coinbase and Gemini, accusing them of offering prediction market products
New York State Attorney General Letitia James alleges: "Gemini and Coinbase's so-called prediction markets are actually illegal gambling activities."
These folks are at it again. $COIN If a prediction market between Gemini and Coinbase can be called gambling, what about options and futures on Wall Street? High-stakes gambling? Honestly, they just can't stand retail investors finding new ways to have fun outside the traditional financial system. The regulatory sword always swings at the most honest, and the places that truly need oversight are left untouched. 👇👇👇👇👇