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nannayesterday at 5:38 PM3 repliesview on HN

Why is Polymarket legal? I just don't understand.


Replies

dabinatyesterday at 6:07 PM

For a while it wasn’t in the US. They now have a cut-down version. But a lot of people use VPNs to access the less-restricted international version. So to answer your question, a lot of users are using it in a way that’s illegal.

cogman10yesterday at 6:08 PM

It and Kalshi are not. But we don't have regulators that want to enforce the law here.

Polymarket in particular started out using crypto and off shoring with a "not legal in the US, wink wink" to get try and dodge regulations.

tantaloryesterday at 5:48 PM

Why wouldn't it be

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