Multiple U.S. lawmakers are calling for an investigation into Polymarket for alleged misleading advertising

According to the Wall Street Journal, several U.S. lawmakers are calling for an investigation into the prediction market platform Polymarket, as its advertising is alleged to potentially contain misleading content.

It is reported that the lawmakers believe Polymarket may not clearly disclose the nature of its products and associated risks in its marketing, which could mislead users. Some legislators have requested regulatory agencies to intervene and assess the compliance of its advertising and information disclosure standards.