Lawmakers call for investigation into Polymarket over fake advertisements

Two senators are calling on federal regulators to investigate prediction market platform Polymarket following an investigation alleging the company used deceptive marketing tactics to attract users.

Sens.

John Curtis (R-UT) and Adam Schiff (D-CA) sent a letter Thursday to Commodity Futures Trading Commission Chairman Michael Selig, urging the agency to investigate the allegations and reaffirm […] ...