New York Sues Polymarket Over Alleged Unlicensed Gambling
Edited by Steinar Vigdel Kolnes, Editor, Oslo
New York is seeking to stop Polymarket from operating without a gambling license and recover gains the state alleges were obtained illegally.
New York has filed a lawsuit against Polymarket, alleging that the platform operates an illegal gambling business, according to CoinDesk.
The state is seeking to prevent Polymarket from continuing to operate without a gambling license.
The lawsuit also seeks to recover proceeds tied to the allegedly unlawful activity. The claims are allegations, not a court finding.
Source: CoinDesk
