The CFTC is investigating Polymarket over staged trades and fabricated wins following Bloomberg’s June 26 report, a senators’ letter, and the WSJ’s .9M fake-bets investigation.

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

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.

A Wall Street Journal investigation found that the prediction market paid content creators to produce videos of fake trades purporting to show big financial gains.

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.

The CFTC is investigating Polymarket over staged trades and fabricated wins following Bloomberg’s June 26 report, a senators’ letter, and the WSJ’s .9M fake-bets investigation.

The CFTC is investigating Polymarket over staged trades and misleading creator videos, expanding scrutiny beyond a previous $1.4M settlement from 2022.

L'indagine CFTC su Polymarket indaga pratiche promozionali ingannevoli e scommesse false. Scopri i dettagli dell'inchiesta.