Web3
New York Sues Polymarket, Alleging Illegal Gambling Operation
Crypto Daily·September 25, 2026·1 min read
New York sued Polymarket US, alleging it took unlicensed wagers and seeking a permanent bar, restitution and penalties of $100,000 per offer. The lawsuit targets the prediction market platform's operations in the state, claiming violations of securities laws. Polymarket has not yet commented on the legal action.
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