South Korean police reportedly referred 18 Polymarket users to prosecutors in a gambling probe involving 26 people and $12.7 million in bets.
The country blocked local access to Polymarket last month after its media regulator ruled that the platform offers illegal gambling.
South Korea refers 18 Polymarket users to prosecutors after a probe into $12.7 million in bets tied to the prediction market.
South Korean police booked 26 Polymarket users over 17.6 billion won in alleged illegal bets, with 18 cases now referred to prosecutors.