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New York Sues Polymarket US Over Unlicensed Gambling

The Defiant·September 24, 2026·1 min read
New York Sues Polymarket US Over Unlicensed Gambling

New York Attorney General Letitia James is suing Polymarket US over unlicensed gambling, asking a Manhattan court to shut the CFTC-designated exchange out of the state. The lawsuit seeks triple its gains and $100,000 for each sports contract offered. This legal action could set a precedent for prediction markets operating in the US.

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