South Korean police have reportedly referred eighteen individuals who used the Polymarket platform to prosecutors. This action stems from an ongoing gambling probe that implicates a total of twenty six people in alleged illicit betting activities. The users referred are now facing potential legal proceedings in connection with the investigation.
The gambling probe centers on a substantial sum, with investigators identifying approximately $12.7 million in bets involved in the case. These bets are linked to the Polymarket users and the broader group under scrutiny by South Korean authorities. The referral marks a significant development in the efforts to address online gambling.