CryptoBearishBlockonomi · 3h ago7/10
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Lawmakers Push CFTC to Probe Polymarket Over $1.9M Fake Betting Scheme
U.S. senators have called for the Commodity Futures Trading Commission (CFTC) to investigate Polymarket after a Wall Street Journal investigation revealed that approximately 70% of influencer promotional videos featured fake bets, totaling $1.9 million across over 1,100 posts. The discovery raises serious concerns about market manipulation and misleading promotional practices in the prediction market sector.