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

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Why This Matters

Coinbase's head of litigation, Ryan VanGrack, accused states of misrepresenting federal law in their efforts to block prediction markets, claiming they are 'gaslighting' on the issue.

Market Impact

Market impact analysis based on bearish sentiment with 70% confidence.

Sentiment
Bearish
AI Confidence
70%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Ryan VanGrack says states are misrepresenting federal law as they move to block prediction markets.

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Original article published by CoinDesk on February 28, 2026.
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