New York wants a penalty equal to three times Polymarket’s gains from alleged illegal activity, plus $100,000 for each unauthorized sports-wagering offer or attempted offer. The state says Polymarket US lacks a New York gaming license and wants to stop unlicensed contracts spanning sports, elections and culture. Polymarket’s US venue is federally regulated by the CFTC. https://cryptoslate.com/new-york-sues-polymarket-seeks-triple-gains-and-100000-penalties-over-prediction-markets/