Governor Hochul and Attorney General James Announce Lawsuit Against Polymarket for Running Illegal Gambling Operation
www.governor.ny.gov
Governor Hochul and Attorney General James announced a lawsuit against QCX LLC d/b/a Polymarket US (Polymarket) for running an illegal gambling operation in New York through its prediction market platform.
  • Cort@lemmy.worldEnglish
    5·
    2 hours ago

    lawsuit is seeking a court order stopping Polymarket from operating as an unlicensed gambling business and requiring the company to pay fines, forfeit all illegal gains and pay restitution to users.

    Oh shit, the forfeit all illegal gains bit means this isn’t going to be a ‘cost of doing business’ lawsuit

  • solrize@lemmy.mlEnglish
    25·
    12 hours ago

    I’m shocked, shocked to hear that gambling is going on in that establishment.