New York asks judge to force Kalshi to hand over the names, wagers, and losses of its local bettors
The July 31 petition also seeks restitution and three times alleged gains, while the federal merits remain unresolved.
BitLicense regime, Wall Street adoption, custody, and institutional infrastructure.
A respondent has appeared in court to argue that wallet inactivity does not erase the rights of real owners.
The transfers weaken the abandonment claim at the center of a lawsuit seeking title to 3.799 million BTC.
The New York lawsuit creates a potential legal trap if the untouched coins ever move to regulated exchanges.
Fetch vs. Ocean lands in court: ASI Alliance disputes put DAO “Autonomy” on trial.
With Mamdani at the helm, New York's crypto future faces a crossroads between regulatory evolution and economic migration.
Eric Adams’ new Office of Digital Assets gives crypto a permanent seat in New York’s bureaucracy, and maybe a shot at escaping the BitLicense maze.