Polymarket Seeks to Restore Trust Amid US Market Recommitment
WHO:
ABC News - Dan Lee is the head of U.S. operations at Polymarket.
ABC News - Megan McGrath is the new chief compliance officer at Polymarket.
ABC News - Natalie Oblazny is another executive hired from Coinbase.
ABC News - Polymarket has hired former Department of Justice and FBI officials for enforcement and surveillance roles.
Yahoo Finance - Donald Trump Jr. is an investor in Polymarket through his venture capital firm 1789 Capital.
WHAT:
ABC News - Polymarket has signed partnership deals with major sports teams and Major League Baseball, as well as news organizations ranging from CNBC to CNN.
ABC News - The trading volume across Polymarket and rival Kalshi is now $26.6 billion, which is an increase from $9.75 billion in volume across the platforms in October last year.
ABC News - Kalshi was valued at $22 billion in its most recent funding round.
ABC News - Polymarket has begun a campaign to sell a new version of itself to the American public after four years in exile.
ABC News - Polymarket was pushed offshore in 2022 after settling federal charges for operating an unregistered derivatives market.
ABC News - Polymarket began operating again in the U.S. at the end of 2025 after acquiring the derivatives exchange QCEX.
ABC News - The trading volume across Polymarket and rival Kalshi is now $26.6 billion, up from $9.75 billion in volume across the platforms in October last year.
ABC News - Kalshi was valued at $22 billion in its most recent funding round.
ABC News - Polymarket U.S. will have a narrower number of contracts and more regulations than its international counterpart.
WHERE:
ABC News - Polymarket is based in New York.
ABC News - The international platform operates on blockchain technology and requires users to trade with cryptocurrency.
WHEN:
ABC News - Polymarket began operating again in the U.S. at the end of 2025.
ABC News - Polymarket was pushed offshore in 2022.
WHY:
ABC News - Polymarket's campaign aims to differentiate itself from its international counterpart, which has faced criticism over allegations of insider trading and other issues.
ABC News - Polymarket aims to convince policymakers, regulators, and the public that its U.S. operation is a more disciplined and trustworthy platform.
ABC News - The company is trying to differentiate Polymarket U.S. from its international counterpart, which has faced criticism over allegations of insider trading and other issues.
HOW:
ABC News - Polymarket has hired a slate of compliance, surveillance, and regulatory specialists in recent weeks to ensure the U.S. exchange remains distinct from the international platform.
ABC News - Polymarket has hired social media influencers for viral marketing on platforms like TikTok and X (formerly Twitter).
ABC News - The U.S. exchange is designed to be walled off from the international platform, with a focus on compliance and regulatory oversight.
(UPDATED July 8, 2026 17:28 UTC)
Polymarket has made headlines by signing partnership deals with major sports teams, Major League Baseball, and prominent news organizations like CNBC and CNN. The trading volume across Polymarket and its competitor Kalshi has surged to $26.6 billion, a significant jump from $9.75 billion just last October, while Kalshi was recently valued at $22 billion. To set itself apart from its international counterpart, which has faced criticism over allegations of insider trading, Polymarket has recently hired a team of compliance, surveillance, and regulatory specialists.
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(UPDATED July 8, 2026 16:33 UTC)
Polymarket is making a comeback in the U.S. after being pushed offshore in 2022 due to federal charges, and it has recently hired key executives, including Dan Lee as head of U.S. operations and Megan McGrath as chief compliance officer. The company aims to differentiate its U.S. platform from its international counterpart by emphasizing compliance and regulatory oversight, while also launching a marketing campaign that includes social media influencers to reach the public. Trading volume across Polymarket and its rival Kalshi has surged to $26.6 billion, reflecting a growing interest in the market as Polymarket seeks to establish itself as a more disciplined and trustworthy platform.