WASHINGTON, Jan. 12 -- Sen. Adam Schiff issued the following press release:
Today, U.S. Senators Adam Schiff and Alex Padilla (both D-Calif.) joined Senator Catherine Cortez Masto (D-Nev.) and nine of their Senate colleagues in demanding (https://www.schiff.senate.gov/wp-content/uploads/2026/01/Letter-to-CFTC-Chair-Selig-Suspicious-Polymarket-Trade.pdf) answers from Commodity Futures Trading Commission (CFTC) Chair Michael Selig on his plan to combat insider trading, manipulation, and fraud in prediction markets, which currently facilitate illegal gaming nationwide.
Their letter follows reporting that trading volume for the market on whether Venezuela President Nicolas Maduro would be out of power by the end of the month spiked just six a...