South Korean Police Book 26 Polymarket Users Over $12.7 Million in Alleged Illegal Gambling

South Korean police have booked 26 domestic Polymarket users in connection with alleged illegal gambling involving 17.6 billion won (roughly $12.7 million) in cumulative wagers. Eighteen cases had been referred to prosecutors by Sept. 15. Investigators traced users through public blockchain records after Polymarket’s non-custodial structure prevented conventional identification. South Korea blocked domestic access to […]