The Commodity Futures Trading Commission is investigating whether prediction market operator Polymarket violated a 2022 enforcement deal by allowing US users on its main overseas platform. The probe, which was previously closed, is examining the company's past and current controls for user location and advertising activities.
Polymarket faces scrutiny from the CFTC over alleged violations of a previous settlement, potentially impacting its operations and compliance with US regulations.
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The U.S. Commodity Futures Trading Commission (CFTC) is reportedly investigating Polymarket, a decentralized exchange, for potentially violating a settlement agreement from 2022. Sources indicate the probe focuses on whether the platform allowed U.S. users to access its services, which may contravene the terms of the prior settlement.
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