{"id":7090,"date":"2025-01-10T19:48:18","date_gmt":"2025-01-10T19:48:18","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=7090"},"modified":"2025-01-10T19:48:18","modified_gmt":"2025-01-10T19:48:18","slug":"coinbase-subpoenaed-over-polymarket-involvement-federal-agency-seeks-customer-information-updated","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=7090","title":{"rendered":"Coinbase Subpoenaed Over Polymarket Involvement, Federal Agency Seeks Customer Information (UPDATED)"},"content":{"rendered":"<div>\n<p><em>Editor\u2019s note: This story has been updated with comment from Coinbase. <\/em><\/p>\n<p>The Commodity Futures Trading Commission has issued a subpoena to cryptocurrency exchange\u00a0<strong>Coinbase<\/strong>\u00a0(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/COIN#NASDAQ\">COIN<\/a>) regarding its association with the prediction platform <strong>Polymarket<\/strong>, according to a Thursday report.<\/p>\n<p><strong>What Happened<\/strong>: The CFTC is seeking \u201cgeneral customer information\u201d related to Polymarket, a <strong>Polygon <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/\">POL<\/a>)-based forecasting platform that is not legally permitted to offer its services in the U.S., Decrypt reported, citing a source familiar with the matter.<\/p>\n<p>Additionally, <strong>Eric Conner<\/strong>, an angel investor and well-known <strong>Ethereum <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>) advocate, shared an email from Coinbase on X alerting users about the CFTC\u2019s request. The email suggested that Coinbase \u201cmay be required to send information\u201d\u00a0to the CFTC, depending on\u00a0legal proceedings\u00a0that could occur within the\u00a0next week.<\/p>\n<p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><\/p>\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Biden&#8217;s CFTC is subpoenaing customer info from <a href=\"https:\/\/twitter.com\/coinbase?ref_src=twsrc%5Etfw\">@coinbase<\/a> in their case against <a href=\"https:\/\/twitter.com\/Polymarket?ref_src=twsrc%5Etfw\">@Polymarket<\/a> <a href=\"https:\/\/t.co\/YlCdUPwHs7\">pic.twitter.com\/YlCdUPwHs7<\/a><\/p>\n<p>\u2014 eric.eth (@econoar) <a ...><\/a><\/p>\n<\/blockquote>\n<\/div>\n<\/figure>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/01\/42904654\/coinbase-subpoenaed-over-polymarket-involvement-federal-agency-seeks-customer-information\" alt=\"Coinbase\" subpoenaed over polymarket involvement federal agency seeks customer information>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Editor\u2019s note: This story has been updated with comment from Coinbase. The Commodity Futures Trading Commission has issued a subpoena to cryptocurrency exchange\u00a0Coinbase\u00a0(NASDAQ:COIN) regarding its association with the prediction platform Polymarket, according to a Thursday report. What Happened: The CFTC is seeking \u201cgeneral customer information\u201d related to Polymarket, a Polygon (CRYPTO: POL)-based forecasting platform that [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-7090","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7090","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7090"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7090\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7090"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7090"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7090"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}