South Korean Authorities Launch First Reported Illegal Gambling Probe Into Polymarket Users

Jun 5, 2026 - 13:30
South Korean Authorities Launch First Reported Illegal Gambling Probe Into Polymarket Users
South Korean police have reportedly launched the country’s first illegal gambling probe into local Polymarket users, widening regulatory scrutiny of the decentralized prediction market. The investigation is led by Gangwon Provincial Police and was requested by the National Police Agency, according to ChosunBiz.  Users may face fines of up to 10 million won ($6,500) under...

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