US senators urge CFTC probe Polymarket over ‘deceptive marketing’
Senators John Curtis and Adam Schiff are concerned about the CFTC’s enforcement ability after a “troubling” report on Polymarket’s advertising.
The Defiant·
Mark Zuckerberg has pushed Meta's leadership to explore partnerships with Polymarket and Kalshi, per a new New York Times report, days after a separate report revealed Meta is building its own prediction-market app called Arena.
Read full articleSenators John Curtis and Adam Schiff are concerned about the CFTC’s enforcement ability after a “troubling” report on Polymarket’s advertising.
Polymarket confirmed hackers drained approximately $3 million through a compromised third-party vendor that injected malicious code into the platform's website, and pledged full refunds to fewer than 15 affected accounts.
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Prediction-market platform Polymarket said hackers stole roughly $3 million from users after a third-party vendor was compromised and malicious code was injected into its website. The incident has since been fully contained, and refunds are being initiated for affected users in full. A Supply-Chain Attack, Not a Direct Breach Polymarket disclosed that a compromise at […]
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Senators are seeking answers from the CFTC about recent allegations of deceptive marketing from Polymarket.