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      U.S. House Oversight Committee Expands Investigation into Prediction Markets

      The U.S. House Oversight Committee has broadened its investigation into prediction markets, targeting Hyperliquid Labs, a cryptocurrency trading platform. The committee, led by Chairman James Comer, is seeking identity-verification and suspicious-trading records from Hyperliquid, as well as from Crypto.com and Aristotle Exchange, which owns PredictIt.

      This expansion of the probe reflects ongoing concerns regarding the regulatory oversight of prediction markets and their potential implications for market integrity. The committee's actions come amid increasing scrutiny of cryptocurrency platforms and their compliance with existing financial regulations. As the investigation unfolds, it may lead to further regulatory actions or reforms in the sector.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud