WorldPingNew York has sued Polymarket, accusing the prediction market of running an illegal gambling operation while advertising sports betting across all 50 states.
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New York sues Polymarket over alleged illegal gambling business
NY AG Sues Polymarket, Calls Prediction Market Illegal Gambling
New York Wants to Ban Polymarket, Lawsuit Calls It 'Illegal Gambling Operation'
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WorldPingAttorney General Letitia James and Governor Kathy Hochul allege the prediction market operates without a license and exposes New Yorkers to gambling harms.
Brief by WorldPing · Original reporting by Decrypt
WorldPingNew York has sued Polymarket, accusing it of operating an illegal gambling operation and asking a court to block it from operating.
Brief by WorldPing · Original reporting by The Block
WorldPingThe action filed by state lawmakers followed a similar lawsuit against prediction markets company Kalshi in July that alleged the platform was running an illegal gambling operation.
Brief by WorldPing · Original reporting by Cointelegraph
WorldPingThe state now has illegal gambling charges underway against four of these businesses.
Brief by WorldPing · Original reporting by Engadget
WorldPingThe Sept. 22 advisory asks exchanges to explain contract-specific safeguards while Kalshi continues to list speech markets.
Brief by WorldPing · Original reporting by CryptoSlate
WorldPingThe United States and Iran are reportedly discussing a phased arrangement that could reopen the Strait of Hormuz within roughly seven days in exchange for easing Washington’s blockade of Iranian ports, according to Reuters.
Brief by WorldPing · Original reporting by Bitcoin.com
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