South Korean police charge 26 Polymarket users for illegal gambling: report

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: The Block
South Korean police charge 26 Polymarket users for illegal gambling: reportWorldPing
Image via The Block.

What happened

The country blocked local access to Polymarket last month after its media regulator ruled that the platform offers illegal gambling.

Key facts

  • Reported by The Block and published Thu, 17 Sep 2026 06:12:50 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. South Korean police charge 26 Polymarket users for illegal gambling: report

  2. Polymarket users referred to prosecutors in South Korea: Report

Sources

The original report was published by The Block. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at The Block

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