Polymarket, a blockchain-based prediction market platform, has settled with the US Commodity Futures Trading Commission.
"By no later than January 24, 2022, Polymarket will certify to the Commission that it has fulfilled these commitments and has made funds available for full redemption by market participants," the order continued. In its press release, the CFTC noted the startup's"substantial cooperation with the Division of Enforcement’s investigation of this matter in the form of a reduced civil monetary penalty."