DOJ and CFTC End Investigation into Polymarket, Crypto Prediction Platform Emerges from the Shadows

On July 16 (UTC+8), the United States Department of Justice (DOJ) and the Commodity Futures Trading Commission (CFTC) officially concluded their investigation into the crypto prediction platform Polymarket, meaning that the Polymarket case, which was previously under key investigation for involving election betting, has come to an end. Polymarket's CEO, Shayne Coplan, stated that although the FBI raided his home eight months ago, after actively cooperating with the investigation, the company has been found to have no misconduct, saying "justice has been served." Analysis indicates that this result is also in line with the Trump administration's promotion of the development of the crypto industry. (Source: X Platform) [MetaEra]