The CFTC entered a criminal Polymarket case to defend its view that event contracts are swaps covered by commodities law.

The CFTC has initiated a criminal case involving a U.S. soldier's $400K bet on Polymarket, asserting that event contracts should be classified as swaps under commodities law.

CFTC clashes with U.S. soldier over $400K Polymarket bet

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://s3-images.ctmedia.io/media/article-covers/hi-prediction-market-cftc-rule-1.jpg" alt="CFTC, US soldier accused of illegal Polymarket bet spar over interpretation of prediction markets" class="type:primaryImage"></p><p>A judge stayed the CFTC’s civil case against a soldier who allegedly used nonpublic information for a Polymarket bet, but the regulator is trying to weigh in on the criminal case.</p>

The CFTC's civil case against a soldier accused of using nonpublic information for a Polymarket bet has been stayed by a judge, while the regulator seeks to intervene in the related criminal case.

CFTC, US soldier accused of illegal Polymarket bet spar over interpretation of prediction markets

بدأت CFTC قضية جنائية بشأن رهان جندي أمريكي بقيمة 400 ألف دولار على Polymarket، حيث تجادل بأن عقود الأحداث يجب تصنيفها كعقود مبادلة بموجب قانون السلع. في غضون ذلك، أوقف قاضٍ القضية المدنية لـ CFTC ضد الجندي، الذي يُزعم أنه استخدم معلومات غير عامة للرهان، بينما يسعى المنظم للتدخل في الإجراءات الجنائية.

La CFTC ha iniciado un caso criminal sobre la apuesta de $400K de un soldado estadounidense en Polymarket, argumentando que los contratos de eventos deberían clasificarse como swaps bajo la ley de materias primas. Mientras tanto, un juez ha suspendido el caso civil de la CFTC contra el soldado, quien supuestamente utilizó información no pública para la apuesta, mientras el regulador busca intervenir en los procedimientos penales.

La CFTC a engagé une affaire criminelle concernant le pari de 400 000 $ d'un soldat américain sur Polymarket, soutenant que les contrats d'événements devraient être classés comme des swaps en vertu de la loi sur les matières premières. Pendant ce temps, un juge a suspendu l'affaire civile de la CFTC contre le soldat, qui aurait utilisé des informations non publiques pour le pari, tandis que le régulateur cherche à intervenir dans les procédures criminelles.

CFTC Engages in Legal Battle Over Soldier's $400K Polymarket Bet

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CFTC Engages in Legal Battle Over Soldier's $400K Polymarket Bet

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CFTC clashes with U.S. soldier over $400K Polymarket bet

CFTC, US soldier accused of illegal Polymarket bet spar over interpretation of prediction markets

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