Polymarket faces first state-level cease-and-desist from Tennessee, weeks after US relaunch: report

Polymarket has received a cease-and-desist order from Tennessee's Sports Wagering Council, marking the first state-level action against the prediction market platform since its relaunch in the U.S. The council also issued similar letters to Kalshi and Crypto.com, warning of potential criminal prosecution for operating without proper authorization.

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Source: The Block · Report an issue