New York Attorney General Letitia James files suit against Polymarket

New York Attorney General Letitia James on Thursday filed suit against the prediction market Polymarket , accusing it of being an illegal gambling operation that is operating in New York without a license.
The lawsuit mirrors the one James' office filed against the prediction market Kalshi and, if successful, could affect Polymarket's ability to operate. The suit asks a court to order Polymarket to forfeit money, distribute restitution, and pay fines.
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