posted in Technology
New York State Sue Polymarket for Running Illegal Gambling Operation
cross-posted from: https://piefed.world/c/tech/p/1423967/new-york-state-sue-polymarket-for-running-illegal-gambling-operation
www.governor.ny.gov/news/governor-hochul-and-attorney-general-james-announce-lawsuit-against-polymarket-running-illegalReplying to @beep@piefed.world
😅
Replying to @beep@piefed.world
I’m shocked, shocked to hear that gambling is going on in that establishment.
Replying to @beep@piefed.world
Took long enough lol
Replying to @beep@piefed.world
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