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CFTC investigating whether Polymarket violated its 2022 settlement as analysts debate risks in new 5-minute crypto markets, CoinDesk reports
- CFTC investigating whether Polymarket violated its 2022 settlement as analysts debate risks in new 5-minute crypto markets, CoinDesk reports — CoinDesk reported the CFTC is investigating whether Polymarket violated a 2022 settlement requiring it to block U.S. users from its offshore platform, and is also examining customer protections and onboarding on its U.S. platform. Analysts cited in the report said settlement risk would grow if the new five-minute contracts attracted enough money to make influencing prices worthwhile, particularly in less liquid cryptocurrencies. (CoinDesk)
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