Power Capital
Polymarket blocks VPN users as it faces potential legal trouble
Image: primary Online prediction platform Polymarket is blocking IP addresses from VPNs and asking some users to identify themselves, The Information first reported.
Polymarket is blocked in 33 countries and several regions due to regulations and sanctions. The platform has made it harder to use VPNs by blocking certain IP addresses associated with VPNs and accounts with suspicious connection patterns.
If it does not enforce its official policy, Polymarket could risk regulatory action, The Information reported. The platform is also asking some customers for their identities to access faster trading technology, marking a shift from its previous model of anonymous trading.
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