U.S. DOJ Closes Polymarket Case – $2.6B Prediction Market Eyes Imminent U.S. Return

The U.S. Department of Justice and Commodity Futures Trading Commission have concluded their investigations into Polymarket, a blockchain-based prediction market platform, without taking further action. The closure signals a regulatory shift under the TRUMP administration, which has embraced a more crypto-friendly approach.

Polymarket, which settled with regulators in 2022 over U.S. user access, faced scrutiny to determine compliance. CEO Shayne Coplan revealed the personal toll of the probe, recounting an FBI raid on his home shortly after the platform accurately predicted election results.

The resolution clears a path for Polymarket's potential return to the U.S. market, where it previously facilitated billions in prediction contracts. Neither agency commented publicly, leaving the industry to interpret the implications for decentralized finance platforms.