New York Sues Polymarket Over Alleged Illegal Gambling Operation

New York Attorney General Letitia James and Governor Kathy Hochul have announced a lawsuit against Polymarket US. The state alleges the prediction platform is operating illegal, unlicensed gambling in New York. The lawsuit seeks to stop the activity and asks for fines, forfeiture of alleged illegal gains and restitution for users. **ID:** N25-03 **Site:** NewsBTC **Status:** READY **Author:** NewsBTC Editorial Team **Focus Keyword:** Polymarket **Image Keyword:** Regulation **Category:** Regulat