20x leverage, launched the day the suit moved — Polymarket fake-bet marketing lawsuit

Polymarket Fake-Bet Marketing Suit Moves to D.C. Federal Court as 20x Leverage Perps Launch

A consumer group's D.C. complaint says Polymarket paid creators to film wins on a simulated version of the site. The company launched 20x perps the same day the case changed courts.

By Francis Gable· 04/09/2026 · 2 min read

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Trainwreck, Drake, and the $50M Question: Are Crypto Casinos' Record Wins Real?

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Trainwreck, Drake, and the $50M Question: Are Crypto Casinos' Record Wins Real?

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Long-form analysis, worth the read

INVESTIGATION

Alt Gambling: Skins, Gacha Boxes, Card Rips and Prediction Markets Explained

Skins, gacha boxes, card rips, and prediction bets all run on casino mechanics. Here is how each one works, and where the house hides.

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Bitcoin Bull Run: How Crypto Casino Whales Reacted

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What the Bitcoin Rally Did to Crypto Casino Deposits

As Bitcoin rallies to its highest price since June, we look at the crypto gambling market to see whether players cut back their playtime to ride the bull run.

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Your VIP Status Is Portable: How Casino Status Matching Works

Crypto casinos openly match VIP tiers earned elsewhere. Read who matches what, the proof they demand, and the fine print that decides if you get to keep it.

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Crypto Gambling & iGaming News

Polymarket Fake-Bet Marketing Suit Moves to D.C. Federal Court as 20x Leverage Perps Launch

States Can Regulate Prediction Markets as Gambling, Ninth Circuit Rules

Kalshi Raises $1.12 Billion in Stock Offering, Leaving 25% Unsold

South Korea Orders Polymarket Blocked Over Illegal Gambling

FlightAware Sues Kalshi Over Flight Data

Novig Sues New York a Day After Launching in 47 States

Polymarket Seeks $20 Billion Valuation as Monthly Volume Falls 26%

IG Group Buys Underdog for Up to $1.3 Billion, Entering Prediction Market Space

DraftKings Cofounder Says Kalshi Volume Includes Its Own Market Maker

Binance.US Plans August CFTC Bid to Run Prediction Markets

Fanatics Buys BGC Exchange and Clearinghouse to Run Its Own Prediction Markets

1win Adds Crypto Prediction Markets for HYPE, XRP, DOGE

Prediction Market Bets Banned for Staff in 7 States

Kalshi Blocked in Washington, Preemption Defense Fails

Pascal Raises $9M to Take On Kalshi and Polymarket

Kalshi and PolyMarket Look Beyond Google's 1 August Extension Ban

Stay on top of the latest news, research & more

Trainwreck, Drake, and the $50M Question: Are Crypto Casinos' Record Wins Real?

Long-form analysis, worth the read

Alt Gambling: Skins, Gacha Boxes, Card Rips and Prediction Markets Explained

What the Bitcoin Rally Did to Crypto Casino Deposits

Your VIP Status Is Portable: How Casino Status Matching Works

Play smarter, step by step

Provably Unfair: All the Ways Crypto Casinos Try to Scam You

First Impressions: Moon.com, Stake's 1,000x Leverage Bet?

First Impressions: Freeroll, a Variance Vault Casino

How to Check if a Crypto Casino Is Actually Licensed (in Two Minutes)

YourCasino Review: Be the House, Take the Edge (or the Hit)

Do Casino Streamers Play With Real Money?