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Judge pauses CFTC civil case tied to alleged Polymarket insider bet

The CFTC said it is still seeking to influence the parallel criminal case, after a judge stayed its civil action over how prediction markets should be interpreted.

Reported · Written up by our desk · Regulation

A judge stayed the CFTC’s civil case involving a US soldier accused of making an alleged Polymarket bet using nonpublic information, according to Cointelegraph.

Cointelegraph reports the regulator is attempting to weigh in on a related criminal proceeding even as the civil case remains paused.

The dispute also centers on how regulators interpret prediction markets, with the CFTC trying to position its view alongside the criminal matter rather than only the stayed civil case.

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