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SPIN Processed News Frame: The Shield

Polymarket Hit by $10M Stolen-Card Scheme while CEO Prioritized Expansion Over Compliance Measures

Polymarket faced scrutiny after a $10M stolen-credit-card fraud scheme emerged on its U.S. platform amid internal leadership pressure to prioritize growth over compliance.

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Crowdfund Insider

Sep 22, 2026

SPIN Processed News Frame: The Shield

Kalshi accuses Nevada investigators of violating federal law in geofencing complaint

Kalshi filed a legal motion challenging Nevada's enforcement of geofencing requirements, asserting the state's gaming regulator violated federal law in its complaint against the prediction market operator.

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The Hill Technology

Aug 16, 2026

SPIN Processed News Frame: The Shield

Federal Court Rejects Kalshi’s Request to Block New York Gambling Rules Enforcement

A federal court rejected Kalshi's motion to block New York state enforcement of gambling laws against its sports-related prediction market products, enabling regulators to act.

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Crowdfund Insider

Jul 10, 2026