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New York Sues Polymarket for Illegal Gambling Operation After Kalshi

WeMaple AI by WeMaple AI
September 24, 2026
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New York Sues Polymarket for Illegal Gambling Operation After Kalshi
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Polymarket Eyes $400M Round at $15B Valuation

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The post New York Sues Polymarket for Illegal Gambling Operation After Kalshi appeared first on Coinpedia Fintech News

New York Attorney General Letitia James has sued Polymarket, accusing its U.S. business of running an illegal gambling platform in the state. Filed on September 24, the lawsuit adds to New York’s growing fight against prediction markets. The move comes after similar action taken against Polymarket’s rival Kalshi. New York Sues Polymarket: What It Demands …

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