Police probe Korea Polymarket users over illegal gambling tied to elections

Police are currently investigating domestic users of Polymarket, the world’s largest prediction market platform, on suspicion of illegal gambling. Polymarket is legal in the United States but is classified as illegal in Korea as private gambling.

According to police on the 5th, the Gangwon Provincial Police Agency recently accepted a request from the Korean National Police Agency and is currently investigating domestic Polymarket users on gambling charges. It is known to be the first investigation targeting domestic Polymarket users. The investigation target includes users living nationwide, including Gangwon Province.

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