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Polymarket refers at least two midterm cases to CFTC as top 1 percent of wallets drive 70 percent of congressional volume, CryptoNews reports
- Polymarket refers at least two midterm cases to CFTC as top 1 percent of wallets drive 70 percent of congressional volume, CryptoNews reports — CryptoNews reports Polymarket investigated dozens of midterm bets and referred at least two cases to the CFTC. An Anti-Corruption Data Collective review of more than 21,000 midterm markets found the top 1 percent of Polymarket wallets drove 70 percent of congressional trading volume, while Dune counted 24,930 wallets holding midterm positions with a median position of 14 dollars and the top 100 holding 56 percent of position value. (CryptoNews)
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