Polymarket is in hot water! ๐จ The DOJ is investigating whether the prediction market allowed U.S. residents to trade, despite a 2022 settlement saying "no way." Even with U.S. IP blocks, crafty traders are using VPNs to sneak in. Legal eagles say this isn't enoughโKYC might be the way forward, but it comes with privacy trade-offs. ๐ค
The raid on founder Shayne Coplan's home adds drama, but no charges yet. Is this political payback or a compliance wake-up call? Share your thoughts below! How should crypto platforms balance regulation and user privacy? Let's discuss! #CryptoCompliance #PolymarketDrama