The Commodity Futures Trading Commission is reportedly conducting an extensive investigation into Polymarket, one of the world’s largest prediction market platforms, according to sources familiar with the matter.
The Wall Street Journal reports that the Commodity Futures Trading Commission (CFTC), the primary regulatory body overseeing prediction markets, has initiated a probe into the popular betting platform Polymarket. A person with knowledge of the investigation, who spoke on condition of anonymity due to the confidential nature of the inquiry, confirmed the regulator’s scrutiny of the company. The specific focus of the investigation has…
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