NYC Council probes Polymarket over alleged predatory marketing practices
Chronological coverage
First seen12 Aug, 10:47NYC Council probes Polymarket over alleged predatory marketing practices
The NYC Council's probe into Polymarket could lead to stricter regulations on crypto prediction markets, impacting their growth and operations.
CryptoBriefing•Editorial Team
Follow-up12 Aug, 12:21New York City Council probes Polymarket, Kalshi over marketing practices
The New York City Council has opened an investigation into the marketing practices of four prediction market platforms, including Polymarket, Kalshi, Coinbase and Gemini Titan, over allegations that event-contract firms may use deceptive advertising to attract consumers. The office of…
Crypto.news•Rony Roy
- Latest13 Aug, 05:51
NYC Council Probes 4 Prediction Markets Over “Predatory Marketing” Claims
New York City Council has opened an investigation Wednesday into how Kalshi, Polymarket, Coinbase and Gemini Titan advertise prediction contracts to city residents. Speaker Julie Menin announced that she sent letters to the four platforms. They have 14 days to disclose their New York user numbers, marketing methods, and how much they make in the
BeInCrypto•Kamina Bashir
