Polymarket faces new CFTC probe over US users on offshore platform
The Next Web
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The US CFTC is investigating whether Polymarket violated a 2022 agreement to exclude US users from its offshore prediction market platform. The probe examines user location verification, advertising, and controls amid Polymarket's recent growth and acquisitions. Polymarket previously settled with the CFTC, paying a $1.4m penalty and ceasing US market offerings on its offshore platform.
