{"id":196955,"date":"2022-01-03T19:59:16","date_gmt":"2022-01-04T03:59:16","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=196955"},"modified":"2022-01-04T09:37:35","modified_gmt":"2022-01-04T17:37:35","slug":"polymarket-tagged-with-1-4m-fine-by-cftc-for-unregulated-swaps","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/polymarket-tagged-with-1-4m-fine-by-cftc-for-unregulated-swaps\/","title":{"rendered":"Commodities Futures Trading Comm. Hits Polymarket with $1.4M Penalty Over Swaps"},"content":{"rendered":"
Polymarket, an internet-based marketplace that allows users to bet on events ranging from cryptocurrency prices to economic data to coronavirus case counts, was slapped with a $1.4 million fine by the Commodities Futures Trading Commission (CFTC). The fine stems from allegations the platform offered illegal contracts.<\/p>\n