Polymarket Refers Election Betting Cases to the CFTC
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AI-assisted source synthesis · not an independent investigation.
A report dated October 27, 2026, said that Polymarket had investigated dozens of bets related to the U.S. midterm elections and referred at least two of the cases to the U.S. Commodity Futures Trading Commission (CFTC). The report also said that Polymarket’s offshore platform still allows users to trade anonymously using cryptocurrency. Research shows that in this U.S. midterm election cycle, the top 1% of Polymarket wallets by trading volume drove 70% of congressional election trading volume; as of October 18, the top 100 wallets held 56% of the total value of all positions.
AI-written from reports · updated 9 minutes ago
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- CryptopolitanPolymarket refers US midterm election betting cases to CFTC as offshore wallet trading remains highly concentrated
Polymarket has investigated dozens of bets related to the US midterm elections and referred at least two cases to the CFTC; its offshore platform still allows users to trade anonymously using cryptocurrency. Research shows that the top 1% of wallets by trading volume in this midterm election cycle drove 70% of congressional election trading volume; as of October 18, the top 100 wallets held 56% of the value of all positions.
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