CFTC probes Polymarket’s controls and advertising activity

The derivatives regulator is examining how the prediction market polices itself and how it marketed to US users The probe has two main threads: controls and marketing. Controls covers how Polymarket monitors trading on its platform and stops abuse. Marketing covers how it pitched itself to American users. The problem, per that reporting, is that many of those bets were not real. About 70% of the videos analyzed showed staged wagers rather than actual trades. The research indicates the CFTC probe was initiated in June 2026, the same month the Journal story ran. The revelations drew bipartisan attention on Capitol Hill. Senators Adam Schiff and John Curtis raised questions about whether the CFTC has the enforcement muscle and consumer protection authority to oversee platforms like Polymarket.

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