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%.
Opus Genetics has finished dosing the higher-dose Cohort 2 in its Phase 1/2 trial of OPGx-BEST1, a gene therapy for BEST1-related inherited retinal diseases like Best vitelliform macular dystrophy and autosomal recessive bestrophinopathy. Cohort 2 en...
Perimeter Group Inc. announced a net income of $304.5 million for Q3 2026, reversing a prior year loss of $90.7 million, with net sales up 24% to $389.9 million. Growth was driven by a 14% increase in Fire Safety sales and an 84% surge in Specialty P...
ACM Research reported a 37% year-over-year revenue increase to $367.7 million in Q3 2026, driven by strong demand in electrochemical plating (ECP) and advanced packaging technologies. The company is expanding manufacturing capacity and global sales e...
Purple has renewed its partnership with Lucid Motors to continue providing WiFi services across Lucid's operations in Riyadh. This renewal ensures that both staff and visitors have secure and easy internet access, supporting Lucid's growing presence ...
Investec Bank Plc, acting as joint broker to SThree Plc, disclosed public dealings involving the purchase and sale of 118,333 ordinary shares each on November 4, 2026. The transactions were conducted within a price range of 295 to 304 per share. Ther...
