CFTC officials stopped after raising concerns about Polymarket, Crypto.com, and Gemini
·2 min read
Compiled by KHAO Editorial
— aggregated from 3 sources + 10 references discovered via search.
See llms.txt for citation guidance.
✓ KHAO Verified
A New York Times investigation reveals senior career staff were pushed out after flagging compliance issues at firms with alleged ties to the Trump family.
Key facts
Polymarket settled with the CFTC in 2022, paying a $1.4 million penalty and agreeing to restrictions that effectively barred US users from the platform
Meanwhile, Gemini Titan received CFTC approval to operate as a Designated Contract Market on December 10, 2025, after a five-year review process
The affiliate subsequently obtained a Derivatives Clearing Organization license in April 2026
A New York Times investigation reveals senior career staff were pushed out after flagging compliance issues at firms with alleged ties to the Trump family
Summary
Senior officials at the Commodity Futures Trading Commission who flagged regulatory concerns about three major crypto-linked firms were suspended, investigated, and eventually forced out of the agency. The revelations come from a New York Times investigation published Sunday, painting a picture of a regulatory agency where career staff who did their jobs found themselves on the wrong end of internal inquiries. On Crypto.com, staff worried the platform was not treating small bettors fairly. According to the investigation, Acting CFTC Chairman Caroline D.