Federal Agency Investigates Polymarket's Deceptive Video Campaign

U.S. regulators are investigating Polymarket, a betting platform, for tricking American investors. The company paid social media creators to film fake trades on copycat websites, promoting $1.9 million in made-up bets through over 1,100 videos. Polymarket isn't supposed to do business in the U.S. The case raises a question: can offshore companies legally advertise banned products to Americans online?