CFTC Investigates Whether Polymarket Violated Its 2022 Agreement Banning U.S. Users

Odaily reports that the U.S. Commodity Futures Trading Commission (CFTC) is investigating whether prediction market platform Polymarket violated its 2022 agreement with regulators that barred U.S. users. The investigation covers Polymarket's control measures in the United States, its advertising campaigns, and customer access and protection measures on the U.S. platform. In 2022, Polymarket reached a settlement with the CFTC over offering unregistered event contracts and paid $1.4 million.