FOIA docs: the CFTC launched at least three previously unreported investigations into Polymarket trading, including about Google's 2025 Year in Search Ranking (Kate Knibbs/Wired)
The agency that oversees prediction markets has investigated Polymarket trades on Biden pardons and the Iran war …
Federal regulators have revealed three undisclosed investigations by the Commodity Futures Trading Commission (CFTC) into Polymarket trading activities. The inquiries, initiated by CFTC Chair Michael Selig, appear to be in response to press reports of potential violations of the Commodities Exchange Act. These investigations, which the agency claims are separate from ongoing cases, include examinations of insider trading on Polymarket event contracts related to former President Biden's pardons, Iran-related trades, and Google's 2025 Year in Search Ranking predictions.
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