The Commodity Futures Trading Commission (CFTC) is intensifying its scrutiny of offshore betting platforms that engage with U.S. traders. CFTC Chair Benham has vowed to crack down on these platforms, which are often unregulated and potentially fraudulent. The regulatory body aims to enforce U.S. laws and protect American investors, particularly in the context of trading on U.S. election outcomes. CFTC's actions are focused on ensuring compliance and safeguarding the financial interests of U.S. traders.