Polymarket CEO dismissed concerns after fraudsters tried to launder $10M+ via wagers
In February, fraudsters attempted to launder over $10 million through Polymarket bets using stolen bank cards, according to the Wall Street Journal. CEO Shayne Coplan dismissed warnings, and the company is now strengthening leadership ahead of a possible IPO.
- Fraudsters used stolen debit cards to launder via bets
- Scheme amount exceeded $10 million
- CEO Shayne Coplan dismissed warnings about the scheme
- Polymarket strengthens leadership ahead of possible IPO
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