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Ireland orders review of Polymarket betting and crypto flows

Regulation

Finance Minister Simon Harris ordered a multi-agency examination in Ireland after bets linked to the Dublin Central by-election raised concerns, according to reports. The review will involve the Department of Justice, the gambling regulator and the Central Bank of Ireland, and will consider gambling oversight and possible money-laundering risks.

The multi-agency examination will consider gambling oversight and possible money-laundering risks linked to election bets.

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Regulation

French police investigate suspected insider betting on Ballon d’Or

French police opened an investigation into suspected insider trading linked to bets on the Ballon d’Or, according to the report. It said 12 Polymarket accounts correctly predicted the top five in order, with about €250,000 wagered and nearly €200,000 in net winnings; the event organiser said it was investigating and planned to notify authorities.

French police have opened an investigation into suspected insider trading connected to bets on this year's Ballon d'Or award, according to the report. Investigators found activity on the crypto-based prediction platform Polymarket, the report said.

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