The US Government Launched 3 Previously Unreported Investigations of Polymarket Trades

The CFTC launched three investigations into Polymarket: one probes alleged insider trading on Biden-pardon contracts after a trader made over $300,000; another examines Iran-related contracts tied to a 60 Minutes report on $2.4 million profits; a third targets Google-themed “2025 Year in Search Ranking” contracts. All orders authorize subpoenas, testimony, and document production, while the agency also investigates Polymarket itself amid a concurrent case in the Southern District of New York.