PANews reported on April 22 that, according to Cointelegraph , Coinbase Chief Legal Officer Paul Grewal stated that the company has transferred New York Attorney General Letitia James 's prediction market lawsuit against Coinbase Financial Markets and Gemini Titan from New York State court to federal court, citing "significantly controversial issues under federal law" and therefore "full priority." Previously, the New York Attorney General alleged that the two companies violated New York gambling laws by offering betting contracts on sports, entertainment, and election events to users, including those aged 18 to 20 , without obtaining a state gambling license, and sought fines, forfeiture of related proceeds, and a ban on continuing to offer similar products in New York without compliance.