📰 NYC Council Probes Kalshi, Polymarket, Coinbase, Gemini Over Marketing
🗓️ Aug 12 2026 14:18 UTC - Dhara Chavda
New York City Council sent letters to Kalshi, Polymarket, Coinbase and Gemini Titan, investigating marketing practices and advertising directed at young people.
➤ The New York City Council is investigating the marketing practices of prediction market platforms like Kalshi, Polymarket, Coinbase, and Gemini Titan, with a focus on advertising directed at young people.
➤ The inquiry aims to assess potential predatory marketing tactics and determine if new consumer protection legislation or educational campaigns are necessary, operating separately from New York State's ongoing litigation against some of these platforms for alleged illegal gambling.
➤ Specific allegations include Polymarket's use of social media influencers for deceptive marketing, while the Council seeks to understand the prevalence of such practices across the industry.
#kalshi #polymarket #coinbase #geminititan #newyorkcitycouncil #marketingpractices #predictionmarkets #consumerprotection #youngpeople #regulatoryinquiry
🔗 Read more at: https://rwatimes.io/articles/cryptotimes-nyc-council-probes-kalshi-polymarket-coinbase-gemini-over-marketing-2437584545
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npub1me…7t7dt
2026-08-13 13:51:20 UTC
Author Public Key
npub1mevft9gp4na8cu9kc85df3j38lyzpvu23myleehg47az027vluwqg7t7dtPublished at
2026-08-13 13:51:20 UTCEvent JSON
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"content": "📰 NYC Council Probes Kalshi, Polymarket, Coinbase, Gemini Over Marketing\n🗓️ Aug 12 2026 14:18 UTC - Dhara Chavda\n\nNew York City Council sent letters to Kalshi, Polymarket, Coinbase and Gemini Titan, investigating marketing practices and advertising directed at young people.\n\n➤ The New York City Council is investigating the marketing practices of prediction market platforms like Kalshi, Polymarket, Coinbase, and Gemini Titan, with a focus on advertising directed at young people.\n➤ The inquiry aims to assess potential predatory marketing tactics and determine if new consumer protection legislation or educational campaigns are necessary, operating separately from New York State's ongoing litigation against some of these platforms for alleged illegal gambling.\n➤ Specific allegations include Polymarket's use of social media influencers for deceptive marketing, while the Council seeks to understand the prevalence of such practices across the industry.\n\n#kalshi #polymarket #coinbase #geminititan #newyorkcitycouncil #marketingpractices #predictionmarkets #consumerprotection #youngpeople #regulatoryinquiry\n\n🔗 Read more at: https://rwatimes.io/articles/cryptotimes-nyc-council-probes-kalshi-polymarket-coinbase-gemini-over-marketing-2437584545",
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