The Winklevoss twins enter in the fight to weight powers with the CFTC as they are going after prediction smart contracts. The twins, Cameroon and Tyler believe the agency move is absurd and could prejudice to many decentralized business as there's no danger in using those websites to gamble even if the event is a US election.
They associate their voice to Coinbase, who also have complained about this approach from the CFTC as they think that event prediction smart contract can't interfere on US upcoming elections. Smart contracts such as Polymarket can't break the US democracy and in any way harm the conscious voters who knows in who they will place their trust.
Also, mostly of this smart contracts prediction events doesn't work in US and in nothing reflect the vote direction from the voters. As it says it's a prediction market event and can change anytime. All bets found on Polymarket platform doesn't disturb in nothing the results or influence vote in the election coming this November in "uncle Sam" lands.
Those senators who proposed the smart contracts scrutiny on the house of representatives should learn more about this smart contracts tools then decide when have all information about. But, knowing the lawmakers on US they will try to ban this websites and platforms. Remember:
CONTENT IS KING!