🚨 Crypto Alert: Polymarket Under DOJ Scrutiny 🚨

- Polymarket, a popular prediction market platform, is reportedly under investigation by the Department of Justice for allegedly allowing U.S. residents to trade, despite a 2022 regulatory settlement prohibiting this.

- The platform blocks U.S. IP addresses, but users have been using VPNs to bypass restrictions. Legal experts suggest that geofencing alone might not meet compliance standards.

- This situation highlights ongoing compliance challenges in the crypto industry, especially concerning VPN use and user anonymity.

What are your thoughts on geofencing and VPNs in the crypto world? Share in the comments!