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Crypto Kiosk Scams Cost Texans $57M as Lawmakers Weigh a Ban

Texans lost $56.8 million to cryptocurrency kiosks last year, more than any other state, according to FBI figures put before a legislative committee on Thursday. The state accounted for 1,179 of the 13,460 complaints th…

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FTX Repayments: Creditors to Receive Another $900 Million

FTX will begin distributing another $900 million to creditors starting tomorrow, bringing total repayments since the exchange’s 2022 collapse to nearly $10 billion. Many creditors are expected to recover more than 100% …

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New York AG Seeks $36B From Kalshi Over 'Illegal Gambling'

New York State is seeking at least $36 billion from Kalshi, asking a state court to shut its prediction market down and strip it of three times whatever it has earned. Attorney General Letitia James filed the petition o…