CFTC Subpoenas Coinbase in Polymarket Investigation
- The CFTC issued a subpoena to Coinbase regarding the Polymarket case.
- Coinbase must comply by January 15 unless a legal motion is filed.
- Polymarket is scrutinized for its prediction markets, labeled as gambling by regulators.
The subpoena requires Coinbase to provide customer information related to Polymarket, highlighting increased regulatory scrutiny. This action could impact how crypto exchanges handle user data and comply with future regulations.
