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Following纽约州起诉Polymarket涉嫌非法赌博，平台提起反诉
纽约州监管机构指控预测市场平台从事无证赌博活动，而Polymarket已正式提起反诉。据Crypto News Australia和Crypto Daily于2026年9月25日报道，纽约州当局对Polymarket提起诉讼，指控该州内存在非法赌博运营行为。Unchained补充指出，作为回应，Polymarket已向纽约州提起反诉。
监管争议的核心：预测市场还是赌博？
Polymarket允许用户针对现实世界事件的结果进行交易，涵盖范围从选举结果、体育赛事到经济数据发布等。该平台将这些交易定义为“预测市场”而非“赌注”，这一区分已成为其监管斗争中的核心议题。纽约州的诉讼直接挑战了这种定义，将此类交易视为受州赌博法律约束的赌注。
此次纠纷并非Polymarket首次与美国监管机构发生冲突。此前，该平台曾与美国商品期货交易委员会（CFTC）达成和解，并暂停向美国用户提供主要服务。随后，它试图通过受监管的交易所结构重新进入美国市场，旨在在联邦商品监管框架下运营，而非受制于各州的赌博法规。
联邦与州法律的管辖权冲突
This strategy lies at the heart of the current conflict. For the same product, federal commodity regulations and state gambling laws may point in different regulatory directions. The forecast market is in a gray area in between, and different regulators have reached different conclusions about which framework it applies to it.
New York State's action follows a broader nationwide review of prediction markets and event contract platforms. Other operators offering similar products, including sports and election results contracts, have faced similar questions from state gaming regulators. Some states believe that no matter how the platform structures the transaction, event contracts function as sports betting or other regulated gambling activity.
Market Outlook and Industry Impact
As Unchained described, Polymarket decided to file a counterclaim, demonstrating its intention to challenge New York State's position in court, rather than adjusting its business to comply. The company has previously argued that its structure and supervision mechanism separate it from the scope of traditional gambling regulation. How courts weigh this argument against state gambling regulations could lay the legal foundation for other predictive market operators.
The outcome of the case may also affect the attitude of other states towards similar platforms. If the ruling goes against Polymarket, it could encourage more states to take similar actions; if it goes in favor of the company, it could strengthen the view that federally regulated exchange structures take precedence over state gambling claims.
纽约州与Polymarket之间漫长的法律斗争可能会给更广泛的预测市场领域带来不确定性。密切关注此案的投资者和平台运营商可能会推迟在新州的扩张计划，直到明确事件合约受何种监管框架管辖为止。
此外，该纠纷还可能影响其他预测市场平台相对于州监管与联邦监管的定位。如果纽约州的论点在法庭上获得支持，那些追求类似交易所许可策略的公司可能会面临类似的挑战。此案确立了一项法律测试，即基于事件的交易是算作赌博还是属于商品监管范畴，其影响远超Polymarket一家公司。
常见问题解答
纽约州指控Polymarket什么？
据报道，纽约州的诉讼指控Polymarket在该州经营非法赌博业务。
Polymarket如何应对诉讼？
据Unchained报道，Polymarket已对纽约州提起反诉，表明其意图在法庭上对抗该州的指控。
为何预测市场是否算作赌博尚不明确？
预测市场让用户针对事件结果进行交易，这既类似于商品交易，又类似于赌注。联邦监管机构有时根据商品法处理Polymarket，而州赌博法规可能对类似活动有不同的分类。
Polymarket之前是否曾面临美国监管行动？
是的。Polymarket此前曾与美国商品期货交易委员会达成和解，限制美国用户使用，随后通过追求受监管的交易所结构重新进入美国市场。
