18 Polymarket users in South Korea referred to prosecutors, with the highest individual bet around 5.7 billion KRW According to Korean media reports, South Korean police have filed cases against 26 Polymarket users, with 18 of them referred to prosecutors. The total bets amounted to approximately 17.6 billion KRW, and the highest individual bet was around 5.7 billion KRW. Police identified users by analyzing on-chain transaction records, asserting that the transactions constitute illegal gambling. On the other hand, users argue that this is derivative investment based on virtual assets, not gambling. Previously, on August 18, the Korea Communications Standards Commission decided to block the platform, stating that its win-loss structure fosters a gambling mindset.