Regulators Back Down: U.S. Prosecutors and CFTC Drop Bombshell Decision to Halt Polymarket Investigations
In a stunning reversal, U.S. authorities fold their cards on Polymarket probes—just another day in the wild west of crypto betting markets.
The Regulatory Retreat
Federal prosecutors and the CFTC quietly shelved investigations into the prediction market platform, leaving traders to wonder: was this a strategic surrender or just regulatory fatigue?
DeFi’s Unofficial Win
While traditional finance grapples with paperwork and compliance theater, decentralized platforms keep dodging bullets—this time with a clean getaway. Guess those 'unregulated risks' aren’t so risky after all?
The Irony of It All
Wall Street still can’t trade meme stocks without a three-day settlement window, but Polymarket users can bet on world events in real-time. Priorities, people.