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CFTC Warns Mention Markets Are Vulnerable to Manipulation

By Drooid · · How we work

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Story summary
  • U.S. Commodity Futures Trading Commission warned mention-market contracts are highly susceptible to manipulation.
  • CFTC advised exchanges to assess obligations, verifiability, and oversight for mention markets.
  • Kalshi removed its sports mention markets in August after CFTC; Polymarket keeps them offshore.
  • Teleprompter operator Gabriel Perez settled, disgorged $107,539.02, paid $65,000 penalty and got a three-year ban.
  • Former Rep. George Santos forfeited $17,569.98, paid $17,500, received a three-year ban and platform ban.