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Polymarket and Kalshi Now Face NYC Probe Over ‘Deceptive’ Ads
The New York City Council is investigating prediction markets’ marketing tactics as the industry faces increasing scrutiny.
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cnbc.com
New York City Council announces probe into prediction market platforms’ marketing strategies
In letters to four prediction market platforms, City Council Speaker Julie Menin said the council was also actively considering legislation to address concerns.
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cryptobriefing.com
NYC Council probes Polymarket over alleged predatory marketing practices
NYC Council is investigating Polymarket over predatory marketing practices, including paying influencers to post fabricated winning bets to
