@MartinShkreli@HugoMartingale I do see an opportunity for a lawsuit as Polymarket knows which users are in the US. It is possible that their settlement said that they have to geoblock US IPs but didnβt say they had to ban VPN users. At the end of the day, they are willing to take the risk.
@tenad0me@MartinShkreli Memecoins are certainly not securities. Additionally, the SEC certainly wonβt prosecuted anyone who doesnβt hold any tokens. (He also didnβt lie π)
@MartinShkreli I would also add that Polymarket most certainly knows about US based users (including specific ones) but are not taking steps because it adds liquidity and to the site and adds volume. Aka Polymarket would die without US users.
@MartinShkreli 1. Hey Martin, Iβd presume that 40% of Polymarketβs users utilize VPNs.
2. Polymarket uses lose geoblocking which can easily be bypassed via a VPN. (This was put in place following a CFTC settlement)
3. They do not comply with AML or KYC procedures as it is decentralized.
@TheFlagGuy_@afalkhatib Totally agree. But above all it is the intent. Hamas WANTED to kill Israelis. The IDF isnβt targeting civilians.
Intent matters.