Yesterday, the news was released that in the context of the investigation against Polymarket, the CFTC has also subpoenaed Coinbase.
Biden’s CFTC is subpoenaing customer info from @coinbase in their case against @Polymarket pic.twitter.com/YlCdUPwHs7
— eric.eth (@econoar) January 8, 2025
The same Coinbase reports it, stating in an email sent to some of its users that the company has received a subpoena in the matter concerning Polymarket.
It also reports that with this citation the CFTC (Commodity Futures Trading Commission) has requested general information about clients, including information related to the accounts.
Therefore, it anticipates that, in some cases, the exchange might be required to send information related to individual users’ accounts in response to this subpoena, unless the company formally receives a motion to quash or another document preventing the sharing of this information by the close of business on January 15, 2025.
CFTC and Polymarket
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We współpracy z: https://en.cryptonomist.ch/2025/01/09/polymarket-the-cftc-sues-coinbase-as-well/
