🚨 NEW YORK VS POLYMARKET: A $21 BILLION LEGAL WAR JUST ERUPTED

Just 9 days after Polymarket closed a $1B raise at a $21B valuation, New York's Attorney General dropped a lawsuit accusing the platform of running "illegal gambling" and Polymarket countersued the SAME DAY.

The billion-dollar question: does a federal CFTC license actually override state law? Kalshi already won a similar fight in a different court but New York's own circuit has never ruled on it.

This could be the case that decides the future of prediction markets in the US 👇

🔗 https://cryptothreads.io/news/new-york-sues-polymarket-for-illegal-gambling-firm-countersues/

Website | X | Facebook | IG | Telegram | LinkedIn | Youtube | Medium