Browsing: Polymarket News

Galaxy Research found that 69.2% of retail Polymarket accounts finished below break-even in a study of 2.9 million wallets. Together, those traders sit $338.9 million in the red. The analysis draws on Polymarket’s full on-chain settlement record, with data curated by oracle network Stork. It covers only the international platform, which runs separately from the…

New York Attorney General Letitia James filed a lawsuit against Polymarket, alleging the prediction-market platform operates an unlawful gambling enterprise. The legal action challenges its federally regulated US business and seeks heavy financial penalties.