In a shocking turn of events, multiple officials from the Commodity Futures Trading Commission (CFTC) have been suspended after raising serious concerns regarding the oversight of prediction markets, notably Polymarket, Crypto.com, and Gemini. Reports indicate that the Trump administration played a role in shielding these markets from regulatory scrutiny, leading to allegations of regulatory capture within the CFTC. Former leaders of the agency express doubts about its capability to effectively manage both crypto assets and prediction markets, raising questions about the future of regulatory practices in this rapidly evolving sector.