Regulators Back Down: U.S. Prosecutors and CFTC Drop Bombshell Decision to Halt Polymarket Investigations

In a stunning reversal, U.S. authorities have dropped their probes into prediction market platform Polymarket—just another day in the Wild West of decentralized finance.

The Hammer Falls… Then Lifts

After months of scrutiny, the CFTC and federal prosecutors quietly closed their investigations without charges. No fines, no handcuffs—just the sound of regulators shrugging.

Betting Markets Breathe Easy

The decision signals a rare moment of regulatory restraint for crypto-adjacent platforms. Polymarket’s users can now go back to gambling on everything from election outcomes to celebrity divorces—with marginally less legal anxiety.

The Irony Isn’t Lost

Meanwhile, traditional finance still requires a notarized form in triplicate to open a savings account. Priorities, right?