The New York Attorney General and Governor are suing Polymarket, accusing it of operating illegal gambling business without a license in New York, violating state gambling laws. Polymarket countersued within hours, arguing that only the federal CFTC has jurisdiction. Crypto legislation is currently at a standstill, relying solely on the CFTC/SEC appointed by the President to hold the line. Republicans can afford to lose the midterms in November. But the next presidential election absolutely cannot be lost...