Senators Adam Schiff (D-CA) and John Curtis (R-UT) have sent a formal letter to Commodities Futures Trading Commission Chairman Michael Selig, demanding answers about alleged deceptive market
Senators Adam Schiff (D-CA) and John Curtis (R-UT) have sent a formal letter to Commodities Futures Trading Commission Chairman Michael Selig, demanding answers about alleged deceptive marketing practices at prediction market platform Polymarket.
The letter, addressed directly to Selig, poses six questions to the CFTC, including whether the regulator is actively investigating the allegations and whether it believes it holds the authority and expertise to deliver the same consumer protections offered by other financial regulators.
