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Polymarket faced $10 million fraud attempt, WSJ reports

A Wall Street Journal investigation says Polymarket dealt with an attempted theft of at least $10 million via stolen debit cards earlier this year, while CEO Shayne Coplan pushed growth and downplayed compliance concerns.

POLYMARKET

Polymarket faced an attempted theft of at least $10 million through stolen debit cards earlier this year, according to a Wall Street Journal investigation published Saturday. The report said Polymarket CEO Shayne Coplan urged employees to prioritize growth and downplayed compliance concerns.