Taiwan prosecutors target crypto betting markets and AI deepfakes ahead of local elections
Taiwan is cracking down on new ways of meddling in elections, which is bad news for offshore crypto betting sites and anyone using AI fakes to sway voters.
- Prosecutors in Kaohsiung have ordered police and investigators to trace crypto election betting back to its source, using blockchain tracking.
- The main target is Polymarket, where people can bet on election outcomes using crypto and stay anonymous.
- AI deepfake videos and foreign money flowing into campaigns are the other two big worries.
- Seven police districts, the investigation bureau, anti-corruption units and immigration officers have been pulled into one joint effort.
Outlook: Expect more raids on underground betting networks and money trails in the run-up to Taiwan's local elections at the end of the year.