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2026-11-02 18:00:24
[US Senators Question X's Preferential Treatment of Prediction Market Platform] ⑴ According to foreign media reports, four Democratic senators have accused Elon Musk's social media platform X of giving preferential treatment to the prediction market Polymarket. ⑵ Nevada Senator Catherine Cortez Masto, California Senator Adam Schiff, Nevada Senator Jacky Rosen, and Connecticut Senator Richard Blumenthal stated in a joint letter that while X typically allows users to report ads for various reasons, users attempting to report Polymarket ads through X's standard interface are unable to select a report option. This issue does not exist for other types of ads, including Kalshi's ads. ⑶ The letter, which includes screenshots, alleges that this seemingly unfair preferential treatment raises questions about whether X is attempting to provide Polymarket with an unfair competitive advantage, thereby benefiting the US president and his family. ⑷ Reports indicate that Donald Trump Jr., son of US President Donald Trump, has invested in Polymarket and serves as an advisor to the platform.
