Update
CFTC Investigates Polymarket’s Controls and Advertising Activity
The Commodity Futures Trading Commission (CFTC) is investigating Polymarket, a blockchain-based prediction market. The probe focuses on internal controls and marketing activities. The investigation was initiated in June 2026 after a report by the Wall Street Journal that Polymarket paid influencers $1.9 million to make videos showing staged wagers. The CFTC has also authorized investigations into potential insider trading related to Polymarket event contracts. Polymarket has started internal audits and increased compliance measures.