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New York demands $3.4B in crypto fines: Inside the fight to turn prediction apps into nonstop leverage casinos
By Oluwapelumi Adejumo at 2026-05-07 21:12
Sentiment: Negative
Top prediction market platforms, including Kalshi and Polymarket, are rushing to offer highly leveraged crypto derivatives at the exact moment state and federal authorities are clashing in court over whether the industry’s core products constitute illegal betting or legitimate financial instruments. Over the past year, these companies have gained national prominence by facilitating wagers on […] The post New York demands $3.4B in crypto fines: Inside the fight to turn prediction apps into nonstop leverage casinos appeared first on CryptoSlate. Continue reading...
Categories: Culture
Tags: #Culture #DEX #Featured #Technology #TradFi #Trading #Kalshi #Polymarket
Source CryptoSlate