Polymarket Investigation Don Close by US DOJ and CFTC Amid Regulatory Change
USA authorities don formally close DOJ and CFTC investigations on top Polymarket, wey include FBI dem raid CEO Shayne Coplan house. Dis decision follow di bigger US crypto regulatory change under Trump government, wey go help traders see clear. Polymarket fit now apply to be CFTC-licensed exchange or join force with one wey get license, plus dem get fresh moni from Peter Thiel Founders Fund and dey work with Elon Musk’s X and xAI forecast partnership. For South Korea, Seoul court clear ex-Wemade CEO Jang Hyun-guk from WEMIX market manipulation palava, as Tornado Cash trial for co-founder Roman Storm don start for New York. These developments mark big change for US crypto service dem, fit boost market access, liquidity, plus user confidence.
Bullish
By officially finish di Polymarket probe, US regulators don clear one big legal wahala, dem don make di environment for DeFi and prediction platforms more predictable. For short term, dis fit make beta trading volume for Polymarket plus di tokens wey relate as traders go take advantage di regulatory clarity. For long term, di chance to apply for CFTC license, plus new funding and partnerships fit push steady growth for user adoption and market depth. Even though di Wemix acquittal and Tornado Cash trial show say di legal scrutiny still dey, di main thing be say regulatory visibility don improve, wey dey support bullish outlook for di crypto projects wey dem affect.