Polymarket Cracks Down on VPN Users as Legal Pressure Intensifies in Dozens of Countries
Polymarket is intensifying its efforts to block users who utilize VPNs to bypass geoblocking restrictions. This move comes amid increasing legal and regulatory scrutiny in various countries, leading to outright bans in places like Spain and Indonesia. The platform is now implementing identity verification measures and blocking specific IP addresses associated with VPN services.
- ▪Polymarket is actively targeting VPN users to enforce geoblocking rules.
- ▪The platform has started blocking known VPN IP ranges and requesting identity verification from certain users.
- ▪Over 30 jurisdictions, including Spain and Indonesia, have imposed restrictions or bans on prediction markets.
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Polymarket has started actively targeting users who rely on VPNs to get around its geoblocking rules. The platform now blocks certain IP addresses tied to VPN services and in some cases asks users to verify their identities, according to a report in The Information. These steps come as the company faces growing legal and regulatory pressure worldwide, including full-on bans in countries such as Spain and Indonesia. Meanwhile, VPN providers themselves are also facing increased regulatory pressure in places like Utah and the United…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Gizmodo.