Polymarket, a major player in the prediction market sector, is under investigation by the Commodity Futures Trading Commission (CFTC) after a $10 million attempted fraud was uncovered on its U.S. betting platform. The company reportedly rejected 80% of debit-card transactions as fraudulent, far above industry norms, but CEO Shayne Coplan allegedly prioritized growth over compliance, telling staff to accept fines if regulators found issues. Polymarket is also facing legal scrutiny from New York City and multiple states over its advertising and licensing practices. The company claims it is improving compliance and has hired a former FBI agent to lead investigations as it navigates these challenges.
Polymarket faces regulatory scrutiny amid fraud allegations. For readers following US stocks, here is Pluang's market snapshot as of Sep 21, 2026 04:11 WIB: out of 150 priced US stocks, 52 rose and 97 fell. Notable movers include Alibaba Group (BABA) at USD 113.26 with a 4.36% increase and a typical hold time of 110 days, ASE Technology Holding Co Ltd (ASX) at USD 41.63 up 4.10%, and Micron Technology, Inc. (MU) at USD 1,015.80 rising 3.92%.
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Shiba Inu's price surged over 5% in 24 hours, reclaiming levels above $0.0000055 amid a broader crypto market upswing. However, on-chain data reveals a large net inflow of 144 billion SHIB tokens to exchanges, indicating sellers dominate and may trig...
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The Global X U.S. Electrification ETF (ZAP) offers focused exposure to utilities and industrials benefiting from U.S. electrification and grid modernization. With 77.2% in utilities and 22.8% in industrials, ZAP aims to capture growth driven by incre...
The Shiba Inu development team announced that the Shibarium Layer-2 blockchain reorganization issue has been resolved, marking a significant step in infrastructure upgrades. The remaining task involves completing the DRPC transition to the new enviro...
