It has been confirmed that the police have issued mass summonses for domestic users of Polymarket, the world's largest prediction market platform, to appear for questioning on charges of illegal gambling. Polymarket is classified as private gambling in Korea and is therefore illegal. Users argue that it is difficult to apply gambling charges because the prediction market is an investment market for virtual asset derivatives. According to the pol…
It has been confirmed that the police have issued mass summonses for domestic users of Polymarket, the world's largest prediction market platform, to appear for questioning on charges of illegal gambling. Polymarket is classified as private gambling in Korea and is therefore illegal. Users argue that it is difficult to apply gambling charges because the prediction market is an investment market for virtual asset derivatives. According to the pol…