CFTC Files Amicus Brief In Polymarket Event Contract Insider Trading Case

The CFTC has filed an amicus brief in a federal criminal case involving alleged insider trading on Polymarket event contracts, putting prediction markets back under the regulatory spotlight.
The case centers on a soldier accused of trading around non-public information in event contracts. The CFTC’s involvement matters because it gives the agency another chance to explain how event contracts fit within federal swaps law, especially when the underlying market is tied to political, geopoliti