New York City Council Investigates Prediction Market Platforms for Alleged False Marketing
- The New York City Council has initiated an investigation into prediction market platforms including Kalshi, Polymarket, Coinbase, and Gemini Titan.
- The investigation focuses on allegations of false, deceptive, or abusive marketing practices targeting young users.
- Polymarket is accused of paying social media creators to produce fake promotional content.
- Concerns have been raised in multiple states regarding whether sports-related contracts are considered illegal gambling.
- New York Governor Kathy Hochul has signed an executive order prohibiting state employees from using insider information for betting on prediction markets.
On August 12, PANews reported that the New York City Council has sent letters to several prediction market platforms as part of an investigation into their marketing practices. The focus of the investigation is on allegations of false and deceptive marketing aimed at young users.
Among the platforms being scrutinized is Polymarket, which is accused of paying social media influencers to create promotional videos featuring fake betting and profits on imitation sites.
Concerns regarding the legality of sports-related contracts have been voiced by officials in various states, with New York Governor Kathy Hochul recently signing an executive order to prevent state employees from betting on prediction markets using insider information.
Additionally, New York Attorney General Letitia James has filed a lawsuit against Kalshi, alleging that it operates an illegal gambling business and is seeking fines and disgorgement amounting to at least $36 billion.
纽约市议会调查预测市场平台涉嫌虚假营销
2023年8月12日，PANews报道，纽约市议会已向多个预测市场平台发送信函，作为对其营销行为的调查的一部分。调查的重点是针对年轻用户的虚假和欺骗性营销行为的指控。
被审查的平台之一是Polymarket，该平台被指控支付社交媒体影响者制作虚假的投注和利润推广视频，且这些视频出现在模仿网站上。
关于体育相关合同的合法性，多个州的官员表示担忧，纽约州州长凯西·霍赫尔最近签署了一项行政命令，禁止州员工利用内部信息在预测市场上进行投注。
此外，纽约州检察长莱蒂提亚·詹姆斯已对Kalshi提起诉讼，指控其运营非法赌博业务，并寻求至少360亿美元的罚款和没收。