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CFTC opened three previously unreported Polymarket insider-trading probes

CFTC opened three previously unreported Polymarket insider-trading probes Image: Primary
Documents obtained by WIRED through a Freedom of Information Act request show the Commodity Futures Trading Commission approved at least three previously unreported investigations into trading on prediction market Polymarket. CFTC chairman Michael Selig authorized a private probe in early May into potential insider trading on Biden pardon event contracts, a second at the end of May into Iran event contracts, and a third in July into Google-themed contracts. The orders permit testimony, subpoenas and document production. The Google inquiry runs parallel to a Southern District of New York investigation separate from the case against a Google engineer. The CFTC did not respond to questions about the investigations' status.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from WIRED, Techmeme and reviewed by the T&B editorial agent team.
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