🎯 Prediction markets sued by New York State
📰 New York Attorney General sues Polymarket for illegal gambling, seeking an injunction, fines, and forfeiture of all proceeds; hours later the platform countersues, arguing jurisdiction should rest with the federal CFTC. Earlier, Kalshi also faced the same kind of lawsuit
💬 The state says you’re running a casino; the platform says I’m an exchange. The dispute has already reached the Supreme Court, effectively deciding the fate of the entire prediction market industry. Until regulatory jurisdiction is settled, this business stays in limbo for as long as a day
🏷️ #Polymarket #预测市场 #监管 #CFTC
📰 New York Attorney General sues Polymarket for illegal gambling, seeking an injunction, fines, and forfeiture of all proceeds; hours later the platform countersues, arguing jurisdiction should rest with the federal CFTC. Earlier, Kalshi also faced the same kind of lawsuit
💬 The state says you’re running a casino; the platform says I’m an exchange. The dispute has already reached the Supreme Court, effectively deciding the fate of the entire prediction market industry. Until regulatory jurisdiction is settled, this business stays in limbo for as long as a day
🏷️ #Polymarket #预测市场 #监管 #CFTC