New York State Declares War on Prediction Markets: Inside the Landmark Lawsuit Against Polymarket
Executive Overview The regulatory siege on decentralized finance and digital prediction markets reached a dramatic crescendo today as the State of New York officially filed a sweeping lawsuit against Polymarket, one of the world’s largest cryptocurrency-based forecasting platforms. Filed in a New York County court, the legal action alleges that Polymarket operates an expansive, unlicensed,…
