Policy
New York Sues Polymarket as State Crackdown on Prediction Markets Continues
CoinGape·September 24, 2026·1 min read
New York has sued prediction market platform Polymarket, alleging it ran an illegal gambling operation. The lawsuit follows similar actions against Kalshi, Coinbase, and Gemini. Both states and prediction market platforms are calling on the Supreme Court to settle the underlying legal issue regarding these platforms.
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