Senators Demand Answers From CFTC Over Alleged Polymarket Deceptive Advertising
In brief Senators are looking for answers from CFTC Chairman Michael Selig about alleged deceptive marketing campaigns from Polymarket. The lawmakers are “concerned” the regulator is not appropriately enforcing laws and is incapable of providing consumer protections. The senators’ letter adds to mounting scrutiny on prediction markets and previous allegations of insider trading. A pair…
