Tag

New York Attorney General

All articles tagged with #new york attorney general

law6 days ago•4 min saved

Valve seeks dismissal of NY gambling suit over CS2 loot boxes

Valve moved to dismiss the New York attorney general’s lawsuit alleging it profited from unregulated gambling via Counter-Strike 2 loot boxes, arguing the virtual items are more like collectible baseball cards with subjective value and that opening cases is not illegal gambling. The company warns banning mystery packs could disrupt billions of daily transactions across everyday products, while NY seeks damages and an injunction; the case, overseen by NY Supreme Court Justice Nancy Bannon, highlights a broader regulatory clash as Valve defends its decade-long practice of selling mystery boxes.

via Courthouse News|

#counter-strike-2 #gambling-regulation #law

technology2 months ago•5 min saved

Valve pushes back on NYAG suit over mystery boxes, defense hinges on transferable cosmetic items

Valve defends its mystery boxes in Counter-Strike 2, Dota 2, and Team Fortress 2 against a New York Attorney General lawsuit, arguing the items are cosmetic, transferable, and not illegal gambling. It rejects NYAG’s proposed restrictions—such as removing transferability and mandating invasive extra user data—while citing anti-fraud efforts (locking over a million accounts, trade protections) and noting it would only comply with future NY laws. A separate PRS music-rights lawsuit against Valve is also noted in the piece.

via GamesIndustry.biz|

#digital-items #gambling #loot-boxes

technology2 months ago•25 min saved

Valve Defends Loot Boxes, Calls NYAG Suit Overreach

Valve publicly pushed back against New York’s lawsuit alleging loot boxes in games like Counter-Strike, Dota 2, and Team Fortress 2 amount to gambling. In a detailed Steam post, Valve argued the boxes are cosmetic, comparable to real‑world blind purchases, and not prohibited by current NY law. It said it has cooperated with the AG’s investigation, shut down over a million accounts tied to gambling, and defends the transferability of digital items. Valve criticized the AG’s demanded changes as beyond existing law, stressed it would comply with any new NY legislation, and noted that a court will decide the dispute while reiterating concerns about data collection and anti-gaming rhetoric.

via TechPowerUp|

#lawsuit #loot-boxes #new-york-attorney-general

news2 months ago•15 min saved

Valve Defends Loot Boxes, Draws Card-Pack Parallels in NY Lawsuit Response

Valve responded to the New York attorney general’s lawsuit by defending its loot boxes as cosmetic and likening them to real‑world card packs (baseball, Pokémon), arguing players can enjoy games without paying and noting steps taken to curb gambling on Steam; it also opposes transferring digital items and rejects a link between games and real‑world violence.

via Kotaku|

#counter-strike-2 #gambling #loot-boxes

technology2 months ago•5 min saved

Valve defends loot boxes as widely used and transferable amid NY lawsuit

Valve responded to the New York Attorney General’s lawsuit by arguing that digital loot boxes are widely used and transferable, comparable to physical collectibles, and do not violate gambling laws since items are cosmetic. It highlighted anti-gambling efforts (blocking gambling sites, fraud protection, trade cooldowns) and said it would comply with future NY laws but opposes removing transferability. The case will be decided by the courts.

via Eurogamer.net|

#digital-items #loot-boxes #new-york-attorney-general

crime8 months ago•4 min saved

NY Strip Club Execs Charged with Bribery to Evade $8M in Taxes

Executives of RCI Hospitality Holdings were charged with bribing a New York tax auditor through trips and lap dances at strip clubs to avoid paying $8 million in taxes, with evidence including emails and text messages revealing a scheme spanning from 2010 to 2024.

via The New York Times|

#bribery #crime #new-york-attorney-general

business9 months ago•1 min saved

New York Sues Zelle Over Fraud and Security Concerns

New York AG Letitia James sued Zelle's parent company, Early Warning Services, for enabling fraud and failing to implement safety features, leading to over $1 billion in user losses from 2017 to 2023, seeking restitution and stronger anti-fraud measures.

via CNBC|

#business #ews #fraud

politics1 year ago•4 min saved

NY AG Stands Firm on $500M Fraud Case Against Trump

The New York Attorney General's Office has rejected Donald Trump's request to drop a $480 million civil fraud case, arguing that it does not impede his presidential duties. Trump's lawyer claimed the case's continuation harms national unity and his ability to govern, but the AG's office dismissed these arguments, stating that civil litigation does not violate constitutional duties. The case, which accuses Trump of inflating his assets, is currently on appeal after a judge ordered him to pay significant fines.

via CNBC|

#civil-fraud-case #donald-trump #legal-appeal

legalpolitics2 years ago•2 min saved

New York AG Urges Judge to Invalidate Trump's $175M Fraud Bond

New York Attorney General Letitia James has asked a judge to void former President Donald Trump's $175 million bond in his civil fraud case, expressing concerns about the company's ability to secure the bond and criticizing Trump's team's apparent hold on the collateral. The filing comes as Trump faces a New York criminal hush money case and a state appeals court judge rejected his request for an emergency stay of the trial.

via NBC News|

#civil-fraud-case #donald-trump #legalpolitics

legal-politics2 years ago•1 min saved

"Legal Battle Over Trump's $175 Million Fraud Bond Escalates"

The New York Attorney General's office is seeking to void a $175 million bond posted by former President Donald Trump to secure a larger monetary damage award in his civil business fraud case, citing insufficient identifiable collateral and concerns about the surety company's qualifications. The AG's office opposes Trump's motion to justify the insurer and is asking for a replacement bond within seven days. Trump was found liable for fraud and ordered to pay $454 million in damages, which is growing with interest as he appeals the verdict.

via CNBC|

#bond-dispute #civil-case #donald-trump

legalfinance2 years ago•3 min saved

"Knight Specialty Insurance Company Defends Trump's Financially Secure $175M Bond in Court"

The firm that posted a $175 million bond for Donald Trump defended the deal in a court filing, asserting that it is adequately secured by the former president's cash. New York Attorney General Letitia James had raised concerns about the arrangement, including the licensing of the bond company. The filing also revealed that the bond is backed by Trump's Charles Schwab brokerage account and argued that the bond company is properly licensed. However, some experts believe that the filing may not have fully addressed all of James's concerns, and a court hearing is set to examine the matter further.

via The Washington Post|

#bond #civil-fraud-case #donald-trump

legal-politics2 years ago•5 min saved

"Former Trump Organization CFO Allen Weisselberg Sentenced to 5 Months in Jail for Perjury"

New York Attorney General Letitia James, after winning a $454 million judgment against Donald Trump for fraud, is now pursuing claims that Trump withheld evidence from her fraud probe. She is seeking additional fines under NY law if evidence subpoenaed was lost or destroyed. The focus is on three internal Trump Organization email chains from 2016 that were not turned over to her office, which were used as evidence in sending former Trump CFO Allen Weisselberg to jail for perjury. The AG's office is pushing for a forensic review to determine if the emails were in the possession of the Trump Organization and why they were never turned over, potentially seeking sanctions for spoliation.

via Business Insider|

#donald-trump #evidence-withholding #fraud-case

politics2 years ago•3 min saved

"Conservative Operatives Fined $1.25 Million for Voter Suppression Robocall Scheme"

Right-wing operatives Jacob Wohl and Jack Burkman have been ordered to pay up to $1.25 million in fines for orchestrating a robocall campaign aimed at suppressing Black votes in the 2020 election. The campaign involved sending false warnings about mail-in voting to predominantly Black New Yorkers, causing anxiety and distress to some recipients. Under a settlement agreement, the operatives must pay a $1 million judgment to the New York attorney general’s office, the National Coalition on Black Civic Participation, and individual plaintiffs. They have also faced legal action in other states for similar voter suppression tactics.

via The Washington Post|

#legal-settlement #new-york-attorney-general #politics

politics2 years ago•2 min saved

"Conservative Activists Settle $1 Million Deal with NY AG Over 2020 Voter Suppression Campaign"

Conservative activists Jacob Wohl and Jack Burkman have agreed to pay $1 million to the New York attorney general’s office and others for running a voter suppression campaign targeting Black voters during the 2020 election. The settlement deal, announced by state Attorney General Letitia James, stems from a campaign that used robocalls to spread election-related misinformation to discourage voting. The pair will pay the judgment to the attorney general's office, the National Coalition on Black Civic Participation, and individual plaintiffs. They face increased penalties if they fail to pay by December 31, 2024. This is the latest punishment for Wohl and Burkman, who have previously faced penalties for similar schemes during the 2020 election.

via CNN|

#2020-election #conservative-activists #new-york-attorney-general

legalpolitics2 years ago•3 min saved

"Letitia James Moves to Seize Trump's Assets as Bond Deal Faces Objection"

The New York Attorney General, Letitia James, may begin collecting Donald Trump's assets if he fails to post a $175 million bond by next Monday, as required by a civil fraud ruling against him. A leading real estate lawyer stated that if the bond motion fails, James could start collection efforts. Trump's bond was initially rejected due to missing paperwork, and the surety backing it is not admitted in New York. An in-person hearing is scheduled for April 22, 2024, to discuss bond issues.

via Newsweek|

#assets #civil-fraud-ruling #donald-trump