CFTC Subpoena Requires Coinbase to Provide Customer Info in Polymarket Case by January 15, 2025

The U.S. Commodity Futures Trading Commission (CFTC) has issued a subpoena to Coinbase, requiring the cryptocurrency exchange to provide information on certain customers in connection with the Polymarket case. This development was confirmed by multiple sources, indicating that Coinbase must comply with the subpoena unless it successfully files a motion to dismiss or receives other legal relief.

The deadline for Coinbase to respond to the subpoena is January 15, 2025. The subpoena seeks general customer information related to Polymarket, a platform for prediction markets.

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