According to reports, several officials from the US Commodity Futures Trading Commission (CFTC) have been suspended from investigation and resigned due to regulatory concerns raised by Polymarket, Crypto.com, and Gemini affiliates. Caroline Pham, the then acting chairman of the CFTC, and her senior advisors were involved in the relevant approvals. According to reports, during the Biden administration, the CFTC launched over 80 cryptocurrency enforcement actions, while during the Trump administration, there were only 2. Caroline Pham has joined MoonPay, and her former advisor Brigitte Weyls has joined Gemini Titan. The White House responded by stating that President Trump has no conflict of interest.
