Friday, 25 September, 2026
High Stakes in Manhattan: Polymarket and New York AG Trade Counter-Lawsuits
By TechShots Studio
Polymarket has fired back at New York Attorney General Letitia James by filing a federal lawsuit to block state oversight. The legal crossfire erupted after James sued the prediction market platform, labeling it an unlicensed illegal gambling operation. The high-stakes clash centers on whether state gaming authorities or federal financial regulators hold exclusive jurisdiction over the booming prediction market industry.
Read full story at REUTERS