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Ohio lawsuit alleges Stake.us operates an illegal gambling platform

Regulation

Brenda Krivatch filed a lawsuit on behalf of Ohio residents alleging that Stake.us operates an illegal gambling platform and misled users by describing its service as legal sweepstakes. The complaint says users paid money and lost, and argues that Stake Cash can be redeemed for cryptocurrency. Stake.us denied the allegations, saying it operates under established sweepstakes precedent.

The lawsuit challenges Stake.us’s sweepstakes model, while the company denies the allegations and cites established precedent.

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