New York Sues Polymarket, Calling Prediction Market an Illegal Gambling Operation
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Bitcoin Magazine New York Sues Polymarket, Calling Prediction Market an Illegal Gambling Operation Attorney General Letitia James and Governor Kathy Hochul allege Polymarket operates without a license in a new complaint. This post New York Sues Polymarket, Calling Prediction Market an Illegal Gambling Operation first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .
Directly affected
- No company is named in this report.
Indirectly affected
- IBIT iShares Bitcoin Trust+6.9%
This price moves with the crypto market
- COIN Coinbase+2.8%
The crypto exchange moves with trading volumes
- MSTR Strategy+12.0%
This company's value is tied to its bitcoin holdings
- MARA MARA Holdings-9.9%
Bitcoin miners move with the bitcoin price
- RIOT Riot Platforms-33.1%
Bitcoin miners move with the bitcoin price
- HOOD Robinhood-10.8%
Retail trading apps move with crypto volumes
Price reaction, T-5 to T+3
Market Call
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Bitcoin Magazine New York Sues Polymarket, Calling Prediction Market an Illegal Gambling Operation Attorney General Letitia James and Governor Kathy Hochul allege Polymarket operates without a license in a new complaint. This post New York…
Source: Bitcoin Magazine
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Trades by members of Congress and officials in the stocks in this story
- Rep. Rohit Khanna bought Coinbase Global (COIN) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 20 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Gilbert Cisneros sold Coinbase Global (COIN), worth $1,001 - $15,000 on 18 Aug 2026. That is 37 days before publication. Filed 10 Sep 2026. View the filing.
- Rep. Gilbert Cisneros bought Coinbase Global (COIN), worth $1,001 - $15,000 on 17 Jul 2026. That is 69 days before publication. Filed 4 Sep 2026. View the filing.
- Scott A Kupor, an executive branch official, sold Robinhood Markets (HOOD), worth $100,001 - $250,000 on 17 Jul 2026. That is 69 days before publication. Filed 21 Aug 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
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12 out of 100
“New York Sues Polymarket, Calling Prediction Market an Illegal Gambling Operation” scores 12 out of 100. The score uses 1 sources.