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NYT: CFTC staffer dismissed after flagging Trump-linked crypto firms

May 25, 2026, 12:56 AM
An insider at the U.S. Commodity Futures Trading Commission (CFTC) was dismissed after raising concerns about cryptocurrency firms linked to President Donald Trump's family, The New York Times reported. Then-acting CFTC Chair Caroline Pham and Senior Counsel Bridgett Weiles reportedly intervened to help these companies—which include Polymarket, Crypto.com, and a Gemini affiliate—secure regulatory approval or evade oversight. Pham and Weiles later took positions at MoonPay and Gemini Titan, respectively. The insider's concerns reportedly included issues with retail investor protection at Crypto.com, inadequate anti-fraud systems at Polymarket, and the failure of Gemini Titan to complete mandatory checks.

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