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Polymarket Faced $10M Fraud Attempt as Compliance Scrutiny Intensifies, WSJ Reports

Crypto Daily·September 21, 2026·1 min read
Polymarket Faced $10M Fraud Attempt as Compliance Scrutiny Intensifies, WSJ Reports

Polymarket US faced a $10 million stolen-card fraud attempt in February, with a payment processor rejecting over 80% of deposits, according to WSJ. The incident intensifies compliance scrutiny on the prediction market platform as it navigates regulatory challenges in the US market.

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