Bipartisan senators jointly call for federal investigation into Polymarket’s false advertising

2026-06-27 by admin

Deep Trend TechFlow News, June 27 — According to a report by The Wall Street Journal, Senators John Curtis (R-Utah) and Adam Schiff (D-California) co-signed a letter to Commodity Futures Trading Commission (CFTC) Chairman Michael Selig, calling for a federal investigation into prediction market platform Polymarket’s promotion of fake bets on social media. The letter stated that the allegations are “deeply disturbing and require immediate review.” Prior to this, The Wall Street Journal had published an in-depth report on Polymarket’s deceptive marketing practices.

Deep Trend TechFlow News, June 27 — According to a report by The Wall Street Journal, Senators John Curtis (R-Utah) and Adam Schiff (D-California) co-signed a letter to Commodity Futures Trading Commission (CFTC) Chairman Michael Selig, calling for a federal investigation into prediction market platform Polymarket's promotion of fake bets on social media. The letter stated that the allegations are "deeply disturbing and require immediate review." Prior to this, The Wall Street Journal had published an in-depth report on Polymarket's deceptive marketing practices.

PANews June 27 news, according to Cailian Press, the U.S. Department of Commerce stated in a letter that the U.S. has relaxed restrictions on the use of Anthropic PBC's high-end Mythos 5 artificial intelligence model by "trusted partners." The move eases the dispute between Anthropic and the U.S. government. Previously, the U.S. government, citing security concerns, suddenly banned Anthropic from providing Fable 5 and Mythos 5 to foreign nationals. The letter dated Friday did not mention any adjustments to the restrictions on the use of the Fable 5 model. U.S. Department of Commerce spokesperson Benno Kass said: "In just two weeks, we have worked hard to ensure that the United States continues to maintain its leadership position in the global artificial intelligence field while safeguarding national security."