The CFTC has initiated a significant investigation into Polymarket following increased scrutiny and a consumer lawsuit. The probe comes in the wake of allegations regarding deceptive advertising practices.
The Commodity Futures Trading Commission (CFTC) launched an extensive investigation into Polymarket amid bipartisan scrutiny and a consumer protection lawsuit. The investigation was reported by Politico, which cited sources familiar with the matter. Both the CFTC and Polymarket have not yet responded to requests for comment from Benzinga.