[The U.S. Government Launches at Least Three Insider Trading Investigations into Polymarket] The U.S. government has initiated at least three undisclosed investigations into Polymarket, involving contracts related to Biden's pardons, Iran, and Google. The U.S. Commodity Futures Trading Commission (CFTC) approved an investigation in May into the Biden pardon-related contract, where traders profited over $300,000. At the end of May, the CFTC approved an investigation into the Iran-related contract, with relevant accounts profiting approximately $2.4 million. In July, the CFTC launched an investigation into the Google-related contract, with the U.S. Attorney's Office for the Southern District of New York conducting a parallel investigation. So far, two individuals have been arrested for insider trading, including a U.S. Special Forces soldier who profited over $400,000 and a former Google engineer who profited over $1.2 million. (Source: WIRED)