Lack of Safeguards Triggers Investigation Into Polymarket

[cryptobro]

The case against Polymarket was initiated by Buenos Aires City Lottery (LOTBA), which oversees gambling activities in the city.

Following a complaint, prosecutor Juan Rozas launched an investigation into the platform’s operations.

Authorities argue that Polymarket failed to implement proper identity and age verification measures, potentially allowing minors to access and place bets.

Officials warned that, in practice, the platform could be used freely by anyone—including children—raising serious regulatory concerns around consumer protection.

[mendez]

No KYC + real money betting = this outcome was inevitable