CFTC opens new investigation into Polymarket amid Senate pressure
The Commodity Futures Trading Commission has opened a new investigation into Polymarket, according to reports published Friday, June 26, 2026. The Financial Times first reported the inquiry, which targets the prediction market platform that draws billions of dollars in monthly trading volume. The probe comes as senators are demanding a federal investigation of Polymarket, and follows a separate CFTC inquiry last year into Trump-tied activity that the commission's leadership overruled its enforcement attorneys to close. No details on the scope or focus of the new investigation were disclosed. The news was reported by the Financial Times, Forbes, and the New York Times.
The new probe follows a separate CFTC inquiry last year into Trump-tied activity that the commission's leadership overruled its enforcement attorneys to kill.
Polymarket must now defend against a live CFTC enforcement probe while the same commission leadership that killed its last investigation faces fresh congressional scrutiny. Any finding of market integrity violations directly threatens its exchange designation.