The US CFTC filing shows that Coinbase needs to comply by January 15 unless a legal filing prevents it.
Polymarket has faced investigations from global regulators, including France’s gambling authority, and has been geo-blocking U.S. users since 2022.
Crypto exchange Coinbase recently received a subpoena from the Commodity and Futures Trading Commission (CFTC) in regard to the ongoing lawsuit with the crypto-based decentralized prediction market Polymarket. The crypto exchange disclosed the news regarding the subpoena in a notice to customers on Wednesday, January 8.
EthHub co-founder Eric Conner shared the details of the notice in a post on the X platform. The notice read:
We write to inform you that Coinbase has been served with a subpoena in the above-referenced matter seeking general customer information that includes information related to your account.
However, the posting showed that there was no specific action required from users; however, it was necessary for the exchange t

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