Hochul said she would offer a bounty for the first bill to ban the feature, escalating criticism of the prediction market’s latest product.
New York Governor Kathy Hochul criticized Polymarket’s bounty feature as a “dystopian nightmare” and said she would offer a bounty for the first bill to ban it. The remarks target a feature on the crypto-based prediction market, where users typically wager on real-world outcomes using blockchain-based contracts. The statement signals political pressure on a product that appears to have triggered concerns about incentives and market structure, though no further legislative details were included in the post.