The probe comes after the Commodity Futures Trading Commission and the Department of Justice dropped previous inquiries into Polymarket last July.

A Wall Street Journal probe found Polymarket paid creators to post 1,100 videos with fake trades and nearly $1.9M in fabricated winnings on dummy websites.

A bipartisan pair of senators pressed regulators to scrutinize the prediction market’s deceptive marketing. An investigation has already been underway.

Senators Curtis and Schiff urge the CFTC to investigate Polymarket after a WSJ report exposed 118 influencer ads promoting fabricated trading wins of nearly

Senators are seeking answers from the CFTC about recent allegations of deceptive marketing from Polymarket.

Senators are demanding for the CFTC to investigate Polymarket following reports that it paid creators to stage fake winning bets.

Polymarket is facing increased scrutiny, including a new lawsuit that claims the platform participated in deceptive marketing practices.

The probe comes after the Commodity Futures Trading Commission and the Department of Justice dropped previous inquiries into Polymarket last July.

Senators Adam Schiff and John Curtis sent a letter to CFTC Chair Michael Selig Thursday asking whether the agency is investigating Polymarket's paid influencer scheme, putting the…

The request follows a report alleging Polymarket paid social media influencers to film trades on fake websites.

Bipartisan senators urge CFTC to investigate Polymarket over fake winning-bet video allegations, adding to the platform's long regulatory history.

Republican Senator John Curtis and Democratic Senator Adam Schiff urged the CFTC to investigate Polymarket after a report that it paid influencers to make videos of fake bets.

The CFTC launched an extensive investigation into Polymarket as bipartisan scrutiny and a consumer lawsuit intensified regulatory pressure.