Several CFTC officials who questioned the Trump family's ties to crypto companies have been suspended.
CoinFeed reported on May 24 that, according to Cointelegraph, several senior officials at the U.S. Commodity Futures Trading Commission (CFTC) have been suspended, placed under internal investigation, and sidelined for questioning cryptocurrency and prediction market platforms with business ties to the Trump family. The platforms involved include Polymarket, Crypto.com, and Gemini-related companies. Officials had pointed out that Polymarket's fraud prevention mechanisms were inadequate, and that Crypto.com and Gemini were unfair to small bettors and had failed to complete regulatory reviews. The report states that then-CFTC Acting Chair Caroline Pham and her senior advisors interfered with the approval process, helping these companies advance their approvals and business requests. By the end of 2025, two officials who raised the concerns were suspended, and three cryptocurrency enforcement officials were also disciplined, without being given specific reasons.