# Daniel Wallach

Type: Person

Source: Crypto Intelligence Brief — https://getcryptobrief.com/entity/daniel-wallach
Canonical HTML page: https://getcryptobrief.com/entity/daniel-wallach

## Timeline

- **2026-06**: WSJ investigation alleges fake trades — The Wall Street Journal reports that Polymarket paid influencers to film fabricated trades and winning screens to lure American users.
- **2026-01**: Polymarket wins CFTC license — After years of being blocked, Polymarket receives a license from the Commodity Futures Trading Commission, allowing it to operate legally in the U.S.
- **2022**: Polymarket banned from the U.S. — Regulatory action bars Polymarket from offering services to U.S. residents.

## Recent coverage (1 stories)

### Polymarket's $9B Prediction Market Rocked by Fake-Trade Claims; Trump Probe Slim
2026-07-27 05:08:19 · Sentiment: Bearish · Impact: 7/10 · Sources: 2

Crypto-native prediction market Polymarket faces a credibility crisis after a WSJ investigation revealed influencers faked trades to lure U.S. users. Legal experts see plausible FTC and CFTC violations, but President Trump’s heavily deregulatory CFTC, staffed by ex-industry lawyers, is unlikely to act. The scandal raises trust questions while underscoring a permissive environment for blockchain-based betting platforms.
Full story: https://getcryptobrief.com/story/polymarket-fake-trades-crypto-trump-regulatory

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