Feds probe whether Polymarket violated 2022 deal to block US traders: report

Source: New York Post

Polymarket is facing renewed scrutiny from federal regulators over whether it violated a 2022 settlement requiring the prediction market giant to block American traders from its offshore platform, according to a report. The Commodity Futures Trading Commission is investigating whether the New York-headquartered company — which runs a platform based in Panama — took adequate steps to block US users following the agreement, Reuters reported Tuesday. It cited two people familiar with the matter.