According to informed sources, the United States Commodity Futures Trading Commission (CFTC) is conducting a large-scale ongoing survey of Polymarket, the predictive market platform. The timing of the investigation has not been made public, and neither the regulator nor the company has commented on it.
The investigation followed the marketing controversy.
Shortly before the news came to light, the Wall Street Journal revealed that Polymarket had carried out a misleading marketing campaign. According to the report, some content creators appear to benefit from the platform in their advocacy, but do not actually invest their own money.
Polymarket subsequently indicated to CNBC that the company was responding to the marketing issues, but that no more specific arrangements were being disclosed.
The regulatory landscape is changing again.
For Polymarket, the survey meant that the regulatory situation had changed again. The platform was banned from opening its services to United States users in 2022 because it did not complete the required registration.
By July 2025, however, the previous investigations by the CFTC and the United States Department of Justice against Polymark had been completed and no charges had been brought. This progress once cleared the way for their return to the United States market.
American business resumed at the end of last year.
Polymarket's United States trading platform, regulated by CFTC, came online in December 2025 and was reopened to local users in the United States. About six weeks ago, the Platform also cancelled the list of alternate visitors.
In the current Chair, Michael Selig, CFTC is more active in predicting the market as a whole. If this investigation against Polymarket continues, it will be the first case of a platform of contracts for incidents of wide concern to him in his tenure.