The US Department of Justice is reportedly investigating Polymarket, a prediction market platform, for allegedly enabling US-based users to create bets, which is said to violate a previous settlement with the Commodity Futures Trading Commission (CFTC). The investigation focuses on whether Polymarket has breached legal agreements pertaining to US user involvement.
This issue brings attention to the ongoing challenges in regulating and monitoring prediction markets and other similar platforms. Ensuring compliance with US laws remains a significant concern for platforms operating in the digital space.