Category: Semafor

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Polymarket parent company got Paycheck Protection Program loanPolymarket parent company got Paycheck Protection Program loan

The News Blockratize, the firm that launched Polymarket, received a government loan from the pandemic-era Paycheck Protection Program less than two years before federal regulators fined it $1.4 million for operating an unregistered prediction market. The previously unreported $39,727 loan was approved in June 2020 — the same month Polymarket ...