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New York Accuses Polymarket US of Running ‘Unlicensed Gambling’
Source: Bloomberg
Legal & LitigationRegulation & LegislationCrypto & Digital Assets
New York sued Polymarket US on Thursday, alleging that the prediction-market platform is operating an illegal gambling business. The action escalates regulatory and legal pressure on prediction markets in a major U.S. state and could constrain Polymarket's operations or set a precedent for similar enforcement.
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