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CFTC probes Polymarket for possible breach of 2022 settlement banning US users.

Market News
28 Oct 2026, 00:01 WIB
CNBC
View Source
Bearish
CFTC probes Polymarket for possible breach of 2022 settlement banning US users.

The Commodity Futures Trading Commission (CFTC) is investigating whether prediction market platform Polymarket violated a 2022 settlement that banned US users from its offshore platform. The probe focuses on Polymarket's mechanisms for detecting customer locations and its advertising practices in the US. The investigation also examines the company's US platform launched in late 2023, specifically its customer onboarding and protection processes. This follows a broader inquiry after reports that Polymarket paid content creators to simulate trades and fake wins, raising regulatory concerns about compliance and user protections.

Polymarket faces renewed CFTC probe over U.S. access to its offshore platform. For readers following the broader market, here is Pluang's snapshot as of Oct 28, 2026 03:31 WIB: out of 150 priced US stocks, 87 rose and 62 fell. Notable movers include Cenovus Energy Inc (CVE) at USD 31.67 with a 1-day change of -4.55% and Pluang order activity showing 96% Sell, Snap Inc (SNAP) at USD 6.06 down 4.42%, and BHP Billiton Limited (BHP) at USD 82.60 up 4.39% with 92% Buy activity.

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