07/14/2026 | Press release | Distributed by Public on 07/14/2026 14:52
WASHINGTON - Congressman Raja Krishnamoorthi (D-IL) today sent a letter to Polymarket seeking information about the company's paid influencer partnerships following recent reporting that raised questions about whether the platform sponsored influencers who promoted election denial claims while advertising active election betting markets. The letter requests information about Polymarket's relationships with election deniers, safeguards governing paid partnerships, and internal communications concerning election-related promotional activities.
The Congressman writes:
"Recent reporting has raised significant questions about how election-related prediction markets are promoted and whether existing safeguards are sufficient to prevent the spread of misleading narratives about election integrity. Reporting regarding prediction market platforms suggests that weaknesses in influencer, affiliate, and sponsored-content programs may allow election misinformation to be amplified while generating financial benefits for the platforms, influencer affiliates, and market participants."
He continues:
"These dynamics create dangerous incentives. When political influence and financial incentives become intertwined, platforms risk incentivizing premature claims, misleading narratives, and false allegations before votes are fully counted or certified. When coupled with a documented history of intentionally misleading consumers in advertising, members of the public are incentivized to create and spread election denial information for the false promise of a large payout."
The Congressman requested responses to the following questions by July 28, 2026:
Please produce documents from January 20, 2025, to the present that relate to:
The full text of the letter is available here.