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Polymarket battles cyberattack while regulatory pressure intensifies across American prediction markets

Polymarket battles cyberattack while regulatory pressure intensifies across American prediction markets
AI Summary

Polymarket is dealing with mounting problems on several fronts after a phishing campaign stole millions of dollars from users just as the prediction market platform faces growing pressure from lawmakers, regulators and fresh criticism over its marketing strategy and public image. On Thursday (June 25), the company disclosed that a third-party vendor supporting its frontend had been compromised, allowing attackers to inject malicious code that targeted some users. Polymarket said it quickly remov

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