Coinbase said to face CFTC subpoena over Polymarket customer data
Coinbase Global (NASDAQ:COIN) has been subpoenaed by the U.S. Commodity Futures Trading Commission to provide data on customers interacting with prediction market firm Polymarket, according to a media report dated Friday.
CFTC Reportedly Subpoenas Customer Info from Coinbase Related to Polymarket Probe
The Commodity Futures Trading Commission (CFTC) reportedly issued a subpoena to American crypto exchange Coinbase as part of an ongoing probe of the decentralized prediction market platform Polymarket.
Coinbase Receives CFTC Subpoena for Customer Data Related to Polymarket
The CFTC served Coinbase with a subpoena in relation to the prediction market Polymarket, a person familiar with the matter told Decrypt.
Coinbase Says It Received Subpoena in CFTC’s Polymarket Inquiry
Coinbase Global Inc., the biggest crypto exchange in the US, sent emails to clients alerting them that it has received a subpoena from the U.S. Commodity Futures Trading Commission asking for information related to cryptocurrency-based predictions market Polymarket,
Coinbase faces CFTC scrutiny in ongoing Polymarket investigation
The crypto betting platform is banned in the U.S. but gained increased prominence during the 2024 U.S. presidential election.
Biden’s CFTC Pressures Coinbase: Demands Polymarket Customer Data
The CFTC subpoenaed Coinbase to provide user information related to Polymarket. The regulator is pursuing both criminal and civil lawsuits against the crypto-betting platform. Coinbase
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