Donald Trump now has 63.7% odds on Polymarket to win the US presidential election, but voter polls suggest otherwise.
Crypto predictions platform Polymarket is reportedly checking to ensure whales placing big bets on the United States presidential election are based overseas as US users are banned from the platform.
“Polymarket is in the process of re-checking the details of users of its platform, particularly those making large wagers, to ensure compliance with its rules,” a report from Bloomberg stated on Oct. 22, citing a person familiar with the matter.
While Polymarket has systems in place to block US users from its website, concerns have been raised that US residents may be circumventing the blockage via virtual private networks — prompting Polymarket to do more due diligence.
