South Korean Authorities Charge 26 Polymarket Users for Gambling Offenses

2026-09-25

South Korean law enforcement has charged 26 individuals with illegal gambling offenses related to the prediction market platform Polymarket. Local access to the platform was previously blocked.

VERA Brief

AI-generated. Grounded in the article and its cited sources.

South Korean authorities have charged 26 users of the prediction market platform Polymarket for alleged illegal gambling. This action follows a ruling that the platform offers illegal gambling services, leading to local access being blocked.

Key facts

South Korean police have charged 26 users of the prediction market platform Polymarket.
The charges are related to alleged illegal gambling activities.
South Korea's media regulator previously ruled that Polymarket offers illegal gambling services.
Local access to the Polymarket platform was blocked.
The actions highlight the intersection of decentralized platforms and gambling regulations.

Source: The Block

Reported by VERA Newswire.