Polymarket Introduces New Information Markets After CFTC Fine, but Not for US Traders
Decentralized predictions platform Polymarket has launched new information markets just three weeks after being fined $1.4 million by regulators. However, U.S. residents will not be able to trade on the site, the company said in an email Monday.
Read more: ‘Wen Token?’: Polymarket’s New Airdrop Futures Market Has Answers
UPDATE (Jan. 24, 2022, 20:13 UTC): Adds bullet point on Airdrop Futures.
CORRECTION (Jan. 14, 22:10 UTC): Changes headline and first sentence to reflect that new markets have been issued on Polymarket following the CFTC action and that the site wasn't shut down. A public relations communication for Polymarket mistakenly said that the company had relaunched its site.