By FAR, the most dangerous financial trap on the internet right now

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Are Kalshi and Polymarket offering gambling? That’s what twenty states across the country are claiming in complaints. However the federal government is arguing it is not gambling.

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*TIMESTAMPS*
0:00 – INTRO
1:09 – Polymarket Sued because of Influencers
2:12 – Why the influencers were sued
5:48 – Why Gambling is so Dangerous
6:14 – College kids were targeted by Polymarket
7:18 – New York sues the prediction markets
8:51 – Numerous other states sue the prediction markets
10:20 – The CFTC sues New York because of prediction markets
12:15 – Are prediction markets gambling?
13:46 – Arizona files criminal complaint against Kalshi
14:14 – $6.5m lawsuit filed against Polymarket for scam
15:10 – My opinion on prediction markets
15:44 – The danger of these platforms

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