South Korean Police Probe Polymarket Users for Illegal Gambling as Platform Expands in Asia
Updated
Updated · Bloomberg · Jun 5
South Korean Police Probe Polymarket Users for Illegal Gambling as Platform Expands in Asia
3 articles · Updated · Bloomberg · Jun 5
Summary
Gangwon Provincial Police have opened an investigation into South Korean Polymarket users over alleged illegal gambling, acting on a request from the Korean National Police Agency.
The probe targets domestic users rather than Polymarket itself, and the cyber investigation unit declined to say how many people are under investigation.
Chosun Biz first reported the case, which adds to regulatory scrutiny around the prediction-market platform as it expands its presence in Asia.