CFTC Reopens Polymarket Probe Over 2022 Settlement

2026-10-27 | COINOTAG

The Commodity Futures Trading Commission (CFTC) has reopened an investigation into Polymarket, seeking to determine whether the prediction market platform has complied with the terms of its 2022 settlement with the regulator, which required the company to bar US users from its offshore exchange. Because the user ban was the central condition of that agreement, the renewed inquiry puts Polymarket's compliance with the requirement back under federal review.

Two people familiar with the matter said the agency began the renewed inquiry, though further details were not immediately available. Additional disclosure from the CFTC or Polymarket about the review's scope would clarify what the probe covers.

Under the January 2022 settlement, Polymarket agreed to pay a $1.4 million civil monetary penalty and to block customers in the United States from accessing its platform, resolving CFTC allegations that it had offered event contracts without complying with federal commodities regulations. Polymarket operates a crypto-based prediction market that allows users to trade contracts on the outcomes of real-world events. Such event contracts fall under the CFTC's oversight of derivatives and commodities markets in the United States, the regulatory remit that underpinned the 2022 allegations.

The reopened probe centers on whether Polymarket has continued to keep US users off its offshore exchange, as required under the agreement reached with the CFTC more than four years ago. Any finding would establish whether the platform remains in compliance with the accord that has governed its handling of US access since early 2022.

This article was first published by COINOTAG: https://en.coinotag.com/cftc-reopens-polymarket-2022-settlement-probe