New York sues Polymarket over alleged illegal gambling, Polymarket countersues Hochul and James
New York Attorney General Letitia James filed suit calling Polymarket an unlicensed gambling operation, and Polymarket filed its own suit against Governor Kathy
The Journal News · +15 outlets
Polymarket to raise at roughly $15B valuation as ICE invests $2B
NYSE parent Intercontinental Exchange is putting $2B into Polymarket, with the platform's valuation reportedly reaching about $15B in the new funding talks.
CoinMarketCap · +5 outlets
Polymarket bank-failure contracts draw FDIC and congressional scrutiny
Regulators and lawmakers are questioning whether event contracts tied to the failure of banks such as JPMorgan and Bank of America cross into illegal gambling o
Bonus.com · +9 outlets
Kalshi seeks $40B valuation, widening lead over Polymarket
Kalshi is courting investors at a $40B valuation as combined Kalshi and Polymarket monthly trading volume reportedly doubled from $26B to $53B in 2026.
CoinMarketCap · +9 outlets
Soldier who made $400K betting on Maduro raid appears in court as Trump calls world a 'casino'
Federal prosecutors allege a U.S. Special Forces soldier profited from nonpublic knowledge of a Venezuela operation, prompting fresh insider-trading scrutiny of
thekabultribune.com · +13 outlets
Google security engineer charged with making $1M on Polymarket using inside information
The case adds to a widening insider-trading crackdown touching prediction markets.
CNBC · +4 outlets
Kalshi rolls out new security measures to combat insider trading
Kalshi's move comes amid heightened regulatory and lawmaker attention to insider activity on prediction markets.
CNBC · +13 outlets
Republican senator seeks subpoena of Trump Jr. over Kalshi and Polymarket ties
The request signals growing congressional interest in the ownership and influence structures behind prediction market platforms.
CCN.com · +9 outlets
Polymarket hackers drain $2.9M from user wallets; funds to be refunded
The breach is a reminder of custody and security risk on the crypto-adjacent trading platform.
CoinMarketCap · +2 outlets
Polymarket weekly trading volume tops $4B as US market share expands
Polymarket's volume growth comes even as it faces a New York lawsuit, suggesting traders are continuing to use the platform.
Yahoo Finance · +5 outlets
Polymarket is being used for large-scale money laundering, report says
The report raises AML concerns as US regulators and states scrutinize prediction market operators.
Futurism · +14 outlets
Billion-dollar trades before Iran announcement prompt calls for SEC investigation
Large positioning ahead of a geopolitical announcement renewed questions about information leakage into event markets.
Yellow.com · +1 outlets
Polymarket says KYC applies only to new beta product, not existing platform
The clarification followed ABC's report that Polymarket would tighten security in the wake of the Maduro betting case.
CoinMarketCap · +6 outlets
Polymarket traders price October Fed hike at 67%, 2026 rate cut at 3%
The contracts offer a market-implied read on monetary policy expectations.
FinanceFeeds · +6 outlets
Polymarket claims 97% of prediction market fees after pricing change
The pricing shift concentrates fee revenue in Polymarket's hands relative to rivals.
CoinMarketCap · +14 outlets
Massachusetts opens investigation into DraftKings alongside New York's Polymarket suit
State-level scrutiny of sports and event wagering is broadening beyond New York.
TODAY.com · +6 outlets
Professional traders are exploiting retail bettors on prediction markets, 10x Research says
The findings highlight the widening gap between sophisticated and retail participants on the venues.
CoinMarketCap · +1 outlets
Draymond Green defends LeBron James over Polymarket deal, wants his own partnership
James's reported $15 million Polymarket deal drew criticism, and Green said he would 1000% take a similar partnership.
AOL.com · +1 outlets