Senators Push CFTC to Probe Polymarket’s Fake-Bet Influencer Campaign

By Isaac • June 26, 2026 5:13 pm •

Two senators want the Commodity Futures Trading Commission to say whether it is investigating Polymarket over a paid influencer campaign that allegedly faked winning bets.

The pressure follows a Wall Street Journal investigation into staged trades filmed on copycat websites built to look like the real prediction market.

The Defiant reported the bipartisan Senate pressure on the CFTC. The Defiant reported that Senators Adam Schiff and John Curtis sent a letter to CFTC Chair Michael Selig asking whether the agency is investigating Polymarket’s paid influencer scheme.

The report says the letter cited a Wall Street Journal investigation into staged trades on dummy sites that looked like Polymarket. It also reported that the campaign generated more than