Episode Details

South Korea just shut down Polymarket — the popular prediction betting platform — calling it crypto gambling that breaks local laws. Now joining over 30 countries like France and Spain, regulators say the site still runs markets, collects fees, and enables illegal wagers despite its claims of being peer-to-peer and not supporting Korean users. The crackdown follows months of police investigations and legal reviews, highlighting how global governments are tightening the screws on prediction markets as potential gambling loopholes.

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