US senators urge CFTC probe Polymarket over ‘deceptive marketing’
CoinTelegraph·
60-second summary
US senators John Curtis and Adam Schiff are urging the CFTC to probe Polymarket over 'deceptive marketing', citing a troubling report on the platform's advertising. The senators are concerned about the CFTC's enforcement ability, questioning whether it can effectively regulate the crypto market. This move raises concerns about regulatory oversight in the industry.
Senators John Curtis and Adam Schiff are concerned about the CFTC’s enforcement ability after a “troubling” report on Polymarket’s advertising.