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Bipartisan senators call for CFTC investigation into Polymarket after fake bets report
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Bipartisan senators call for CFTC investigation into Polymarket after fake bets report
Sens. John Curtis, R-Utah, and Adam Schiff, D-Calif., are raising concerns about the CFTC’s ability to regulate prediction markets in a fresh letter sent to Chairman Michael Selig.Their letter follows a Wall Street Journal report last week that found Polymarket paid dozens of social media creators to film themselves placing fake bets, and sometimes even faking wins on replicas of its site.
2026-06-27 Source:theblock.co
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