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Polymarket Faces Scrutiny and Regulatory Challenges Ahead of Midterms as Betting Practices Come Under Investigation

Crypto News

Polymarket Faces Scrutiny and Regulatory Challenges Ahead of Midterms as Betting Practices Come Under Investigation

Polymarket Uses Ex-FBI-Led System to Monitor Bettors Ahead of Midterms

The Crypto Times

Polymarket Uses Ex-FBI-Led System to Monitor Bettors Ahead of Midterms

Polymarket says it has investigated dozens of election-related betting cases ahead of the midterms, using a new surveillance system led by a former FBI official.

Polymarket refers election bets to CFTC as offshore wallets dominate

Cryptopolitan

Polymarket refers election bets to CFTC as offshore wallets dominate

Polymarket has investigated dozens of bets tied to the U.S. midterms and referred at least two of those cases to the Commodity Futures Trading Commission (CFTC). Despite the investigations,...

Polymarket Investigated 'Dozens' of Midterm Bets, NPR Reports

The Defiant

Polymarket Investigated 'Dozens' of Midterm Bets, NPR Reports

At least two investigations were referred to the CFTC, NPR reported, as the platform's House-control market approached $24 million in cumulative trading volume.... Read the full story at The Defiant

CFTC Reopens Polymarket Probe Over Possible Breach of US User Ban Deal

The Crypto Times

CFTC Reopens Polymarket Probe Over Possible Breach of US User Ban Deal

The CFTC is investigating whether Polymarket violated its 2022 settlement by failing to prevent U.S. users from accessing its offshore prediction market platform.

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