Polymarket, a cryptocurrency betting website, was today hit with a $1.4 million fine by the Commodity Futures Trading Commission. The regulatory body said in a statement Monday that Polymarket offered...
Tag: CFTC
CFTC Shuts Down Polymarket – Crypto Briefing
Key Takeaways Polymarket has been fined $1.4 million by the CFTC and will also be forced to shut down all of its markets. The prediction market service offered events contracts, something that only re...
Crypto prediction market platform Polymarket settles with CFTC for $1.4 million
Polymarket, a blockchain-based prediction market platform, has settled with the US Commodity Futures Trading Commission. In an announcement Monday, the CFTC said that the settlement was for “off...