3 ms·
> a more robust regulator would call them out Calling them out is one thing, but do you think the US could realistically stop them? I don't know much about Po
by miki123211 1y ago
> a more robust regulator would call them out
Calling them out is one thing, but do you think the US could realistically stop them?
I don't know much about Polymarkets governance structure, if it's a decentralized smart contract, the US is DOA. Even if it's not... the Pirate Bay wasn't, the US really tried to stop them, and they basically didn't get anywhere.
- yorwba 1y agoLooking it up, it seems like the CEO actually got raided by the FBI last year: https://www.reuters.com/world/us/fbi-raids-polymarket-ceos-home-seizing-phone-electronics-ny-post-reports-2024-11-13/ https://www.reuters.com/world/us/fbi-raids-polymarket-ceos-h... So maybe the wheels of justice are just grinding a bit slowly. The terms of use want to have Panamanian law apply https://polymarket.com/tos https://polymarket.com/tos but that doesn't provide much protection when the company is physically operating in the US.