The Commodity Futures Trading Commission (CFTC) is intensifying its scrutiny of prediction markets, particularly targeting suspicious trading activities on platforms like Polymarket. Agency chairman Michael Selig announced that the CFTC is actively pursuing traders using virtual private networks to access these offshore markets despite their U.S. ban. Selig emphasized the agency's commitment to employing AI tools to analyze trading patterns and detect potential market manipulation, noting that AI can provide valuable insights to guide investigations and enforcement actions. The CFTC is also expanding its workforce to manage the increased demands of monitoring these markets.
US Government Leverages AI to Combat Insider Trading in Prediction Markets
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