Polymarket Home Free As Trump-Led DOJ Closes Biden-Initiated Probes
Posted On July 15, 2025
Federal authorities have formally ended investigations into crypto-based prediction market Polymarket, signaling a broader shift in U.S. regulatory posture as the Trump administration embraces digital assets.
Quoting sources familiar with the matter, Bloomberg reported on Tuesday that both the U.S. Department of Justice (DOJ) and the Commodity Futures Trading Commission (CFTC) notified Polymarket this month that their inquiries had concluded.
The probes, initiated under the Biden administration, intensified following the 2024 elections amid concerns over the platform’s potential violations related to servicing U.S.-based users.
Polymarket, which allows users …