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Senators Curtis and Schiff ask CFTC to investigate Polymarket over alleged deceptive influencer marketing, BitRss reports
- Senators Curtis and Schiff ask CFTC to investigate Polymarket over alleged deceptive influencer marketing, BitRss reports — Republican Senator John Curtis and Democratic Senator Adam Schiff wrote to CFTC Chair Mike Selig asking the agency to investigate Polymarket over allegations it paid social media influencers to promote fake bets without clear disclosure. The letter follows a Wall Street Journal review of more than 1,100 promotional videos that found 70 percent included fake bets totaling nearly 2 million dollars; Polymarket said it is auditing its promotional content for compliance. (BitRss)
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