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South Korea Opens First Probe Into Polymarket Users Over Illegal Betting

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By on June 5, 2026 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post South Korea Opens First Probe Into Polymarket Users Over Illegal Betting appeared first on Coinpedia Fintech News

South Korean police have launched their first investigation into local users of Polymarket, the world’s largest prediction market, on suspicion of illegal gambling. According to ChosunBiz, the probe is being led by Gangwon Provincial Police following a request from the National Police Agency. The case matters because South Korean law prohibits betting on platforms outside …

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