The Polymarket probe has expanded to examine whether the prediction market violated a 2022 settlement intended to bar U.S. users from its offshore platform, a person familiar with the matter said on October 27, 2026.

Key Takeaways

  • The CFTC is examining past location controls and U.S. advertising tied to the offshore platform.
  • The inquiry is part of a broader investigation opened earlier in 2026 and is separate from questions about the company’s current U.S. platform.

What the Polymarket probe is examining

The Commodity Futures Trading Commission is investigating whether Polymarket previously breached the settlement, including by examining controls intended to identify customers’ locations and the platform’s advertising in the United States, the person said.

That inquiry concerns past conduct and is unrelated to the offshore platform’s current operations, the person said. The start date of the inquiry was not provided.

Settlement and earlier investigations

In 2022, Polymarket stopped U.S. users from accessing its platform and paid a $1.4 million civil penalty under an enforcement settlement with the CFTC.

The CFTC opened an investigation into compliance with that agreement in 2024, while the Justice Department opened a related inquiry. Both agencies closed those investigations in July 2025.

Separate questions about the U.S. platform

The CFTC is also examining customer onboarding and protection measures at Polymarket’s U.S. platform, which launched in late December 2025, the person said.

Polymarket declined to comment on the investigation. The CFTC did not respond to a request for comment.

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