Foresight News
Foresight News|2月 09, 2026 13:33
[Polymarket Chief Legal Officer: Filed Lawsuit Against Massachusetts in Federal Court] Foresight News reports that Polymarket Chief Legal Officer Neal Kumar tweeted that Polymarket has filed a lawsuit against Massachusetts in federal court. Kumar pointed out that the U.S. Congress has granted exclusive jurisdiction over event contracts to the Commodity Futures Trading Commission (CFTC), not individual states. Prediction markets are national markets, and key issues within them must be resolved in federal court. He believes that attempts by states like Massachusetts (MA) and Nevada (NV) to shut down Polymarket US or other prediction markets through state courts do not override federal law, and these states will miss the opportunity to help shape the markets of the future. Kumar stated that while these critical issues are being addressed in federal court, Polymarket continues to welcome dialogue with other states and promises to fight for the interests of its users.
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