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New York sues Polymarket, accuses company of running illegal gambling operation
Source: nypost.com
Legal & LitigationRegulation & LegislationCrypto & Digital Assets
New York sued Polymarket on Thursday, alleging that the prediction-market operator is running an illegal gambling business and evading industry regulations. The case represents a material regulatory and legal risk for Polymarket and could intensify scrutiny of prediction markets operating in the U.S.
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