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Report: Polymarket Ignored Warnings During $10M Fraud Attack

Bitcoin.com

Bitcoin News / Bitcoin.com 262 Views

Polymarket Logo on mobile deviceBad actors targeted Polymarketโ€™s U.S. platform in a $10 million fraud scheme using stolen debit cards, pushing payment processor Checkout.com to reject over 80% of deposits as fraudulent. High Rejection Rates Trigger Payment Processor Crackdown Prediction-market startup Polymarket faces accusations of prioritizing user expansion and aggressive growth over compliance safeguards when bad actors targeted its […]
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