And why exactly is there a CEO to go after?
https://www.coindesk.com/business/2024/11/13/fbi-reportedly-raids-polymarket-ceos-home/
Discussion
Probably because if there isn't, it creates a power vacuum that these people find irresistible.
Yep, up until they get their house raided over something. And then it's not such a hot deal anymore, I bet.
polymarket doesn't describe itself as decentralized. it never did, despite what wikipedia says. there's only one frontend and it uses both email authentication and geo IP blocking. it's more transparent than other prediction markets but that's about as far as it goes.
https://learn.polymarket.com/docs/guides/get-started/what-is-polymarket/
Yeah, I knew they weren't decentralized because of the fact that they could block people from the United States. And if it was just a smart contract, they would not be able to do that.