Overview
- Polymarket’s new head of investigations, Shana Bautista, says the firm has expanded surveillance using machine learning, blockchain analytics, trade monitoring, open-source research and third-party services.
- The company announced it will publish a public web page describing how its market-integrity program works and how it shares information with law enforcement.
- Polymarket says its systems block the vast majority of U.S. users from its international blockchain platform while it serves American customers through a separate CFTC-registered U.S. exchange.
- The firm reports it has referred over 100 cases to prosecutors, including trades tied by authorities to a wallet linked to a U.S. soldier who is accused of using classified information to place bets.
- Polymarket still faces unresolved legal and policy challenges: a 2022 CFTC settlement required it to bar U.S. users on the international venue, state suits contest sports contracts, and independent on-chain research has found continued U.S.-linked trading on the blockchain.