Press Releases

Curtis, Schiff Press CFTC on Reports of Deceptive Marketing by Prediction Market Operator

Senators Curtis and Schiff sent a letter to Commodity Futures Trading Commission Chairman Michael S. Selig requesting answers following recent reports that prediction market operator Polymarket used deceptive marketing tactics to promote gambling-style products to U.S. audiences. In their letter, the senators argue that the alleged conduct underscores growing concerns that prediction markets are functioning more like gambling than legitimate financial instruments.

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