New York sues Polymarket, seeks triple gains and $100,000 penalties over prediction markets
New York has sued Polymarket, alleging its US prediction market is an unlicensed gambling business operating across the state. On Sept. 24, Attorney General Letitia James asked a New York state court to stop QCX LLC, which operates as Polymarket US, from offering event contracts without a state gaming license and to order restitution, disgorgement, […] The post New York sues Polymarket, seeks triple gains and $100,000 penalties over prediction markets appeared first on CryptoSlate.
Key Takeaways
- New York has sued Polymarket, alleging its US prediction market is an unlicensed gambling business operating across the state.
- 24, Attorney General Letitia James asked a New York state court to stop QCX LLC, which operates as Polymarket US, from offering event contracts without a state gaming license and to order restitution, disgorgement, […] The post New York sues Polymarket, seeks triple gains and $100,000 penalties over prediction markets appeared first on CryptoSlate.
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