US CFTC Resumes Investigation into Polymarket to Review Whether It Violated 2022 Settlement Agreement

Reuters reports that the US Commodity Futures Trading Commission (CFTC) is investigating whether prediction market platform Polymarket violated the 2022 settlement agreement by failing to effectively block US users from accessing its overseas platform. The investigation involves the user geolocation identification mechanism, advertising campaigns within the United States, as well as the user registration process and customer protection measures for its US platform.