1/ 🧵 Taiwan police has arrested around 17 people for election betting case. And this means taiwan has started arresting people if the crime has happened on the blockchain.
1/ 🧵 Taiwan police has arrested around 17 people for election betting case. And this means taiwan has started arresting people if the crime has happened on the blockchain.
2/ 🧵 Polymarket is a prediction marketplace and it has variety of the betting on the chain. And they make use of the event based smart contract.
3/ 🧵 Considering the bets of foreign election on event based betting smart contract makes this case illegal betting. And so they are fined by CTFC and also the people in taiwan are arrested in illegal betting case.
4/ 🧵 Check out Polymarket illegal online election betting case and how it has turned out.
https://inleo.io/@esmeesmith/taiwanese-police-arrested-bettors-on-polymarket-illegal-election-case