Business · 1h ago
Polymarket's Panama Structure Raises Questions Even Among Ex-Employees
Polymarket, a prediction market platform, operates a Panamanian entity that appears unusual to former staff. The company's CEO previously had his apartment raided by the FBI. The opaque corporate structure adds to regulatory concerns around the platform.
Meridian48 take
The story underscores ongoing opacity in crypto-adjacent startups, but the lack of concrete allegations limits its immediate impact.
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Polymarket’s Corporate Structure Is a Mystery—Even to Some of Its Former Employees →
Wired
prediction-marketsregulatory-scrutiny