Coinbase’s head of litigation says states are “gaslighting” on prediction markets

Coinbase's head of litigation Ryan VanGrack accused states of 'gaslighting' regarding prediction markets, claiming they are misrepresenting federal law in their efforts to block these platforms. The statement suggests ongoing regulatory tensions between state and federal authorities over prediction market operations.

• →Coinbase's litigation chief accuses states of misrepresenting federal law regarding prediction markets
• →States are actively moving to block prediction market operations
• →The controversy highlights jurisdictional conflicts between state and federal regulation
• →Coinbase is taking a public stance defending prediction market legality
• →The dispute suggests continued regulatory uncertainty in the prediction market space