The case involves approximately $12.7 million. South Korean police investigated 26 Polymarket users and transferred 18 people to the prosecution.

According to Odaily, South Korean police have opened an investigation into 26 local Polymarket users and transferred 18 of them to prosecutors on suspicion of illegal gambling. The total amount involved is approximately 17.6 billion won, equivalent to about US$12.7 million. Previously, South Korea blocked local users' access to Polymarket last month.