New York Attorney General Letitia James sues Coinbase and Gemini, claiming their prediction markets violate state laws against illegal gambling (Jonathan Stempel/Reuters)

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Jonathan Stempel / Reuters:New York Attorney General Letitia James sues Coinbase and Gemini, claiming their prediction markets violate state laws against illegal gambling  —  New York's attorney general sued Coinbase Financial Markets (COIN.O) and Gemini Titan (GEMI.O) on Tuesday, claiming their prediction markets violate state laws against illegal gambling.