Exclusive-US agency is again probing if Polymarket broke 2022 settlement, sources says
The Commodity Futures Trading Commission (CFTC) is re-examining whether prediction market operator Polymarket breached a 2022 agreement. Sources say the regulatory body reopened its investigation into the New York-based company, which has an offshore office in Panama. Polymarket had previously pledged to prevent US users from accessing its main overseas platform as part of a settled dispute.
The CFTC is now scrutinizing the firm's methods for identifying user locations, as well as its marketing and advertising efforts in the United States. A spokesperson for the CFTC declined to comment on the renewed probe.
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