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Home›Crypto›Market Structure›New York files suit against Polymarket over alleged il…

New York files suit against Polymarket over alleged illegal gambling

The complaint follows New York lawmakers' July lawsuit against prediction markets platform Kalshi, which also alleged an illegal gambling operation.

Reported · Written up by our desk · Market Structure

Cointelegraph reports that New York has filed a lawsuit against Polymarket, alleging the platform is operating an illegal gambling business.

The action comes after a similar lawsuit filed in July against prediction markets company Kalshi, according to Cointelegraph.

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Sources

CointelegraphNew York sues Polymarket over alleged illegal gambling business

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