WSJ reports compliance concerns over alleged Polymarket debit-card fraud scheme

Polymarket CEO Shayne Coplan reportedly dismissed internal concerns about a stolen debit-card fraud scheme that attempted to take at least $10 million, according to The Wall Street Journal.
The report says Coplan told compliance staff to prioritize growth and address potential fines later. The claims raise questions around compliance controls and risk management at rapidly growing prediction-market platforms.
The allegations are based on the reported account and should not be treated as an established finding of wrongdoing without further evidence or regulatory action.