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Polymarket hit by alleged $10M stolen-card fraud
polymarket-hit-by-alleged-10m-stolen-card-fraud
Polymarket hit by alleged $10M stolen-card fraud
Polymarket reportedly faced at least $10 million in attempted stolen-card fraud during February this year.Checkout.com reportedly rejected more than 80% of Polymarket US deposits as fraudulent during February’s peak.Polymarket says fraud rates later returned to industry norms after stronger card controls were introduced.Polymarket US operates through QCX, a CFTC-designated contract market subject to federal derivatives oversight today.Polymarket recently hired Warren Jenson as CFO while expanding compliance, investigations and risk management staffing.
2026-09-20 Source:crypto.news
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