← The Oversight Wall
MED secondary Enforcement Gap

No documented enforcement against 1789 Capital

1789 Capital has 2 documented facts referencing violations, fines, settlements, or fraud, but no connection in the platform's graph documents an enforcement action, prosecution, sanction, or consent decree against them. This may indicate the platform's data is incomplete — or it may indicate a real enforcement gap. Either way, it's worth a closer look.

Entities involved: 1789 Capital
Detected: 03 May 2026
Evidence last verified: 02 May 2026
Supporting evidence
1789 Capital was founded in 2023 by Omeed Malik, a former Bank of America investment banker who was terminated by the bank in 2018 following a sexual harassment complaint. Malik settled with Bank of America and later stated publicly he was 'vindicated.' The firm is headquartered in Miami, Florida.
1789 Capital · secondary · source ↗ · 02 May 2026
1789 Capital has invested in Polymarket, the prediction market platform. Polymarket operates in a legal gray area in the United States as an unregistered prediction market; it has been the subject of CFTC scrutiny and agreed to a $1.4 million settlement with the CFTC in 2022 for offering binary event contracts to U.S. customers without registration.
1789 Capital · secondary · source ↗ · 02 May 2026
3 actions you can take
File a FOIA
File a FOIA request with the U.S. Department of Justice — Criminal Division
Target: U.S. Department of Justice — Criminal Division
▸ Preview the prefilled message 
Subject: FOIA Request — All non-exempt records — including correspondence, internal memoranda, referrals

Dear FOIA Officer,

Pursuant to the Freedom of Information Act, 5 U.S.C. § 552, I request access to and copies of the following records held by the U.S. Department of Justice — Criminal Division:

All non-exempt records — including correspondence, internal memoranda, referrals, declination memos, and case-opening or case-closing documents — concerning any investigation, declined investigation, or referral involving "1789 Capital" from January 2010 to the present.

I am requesting these records because: This request supports public-interest investigation of an oversight gap documented at https:…
Open this action →
Contact the oversight body
Ask the House Committee on Financial Services to hold a hearing
Target: House Committee on Financial Services
▸ Preview the prefilled message 
Subject: Constituent request: hearing on No documented enforcement against 1789 Capital

Dear Members of the House Committee on Financial Services,

I am writing to ask the committee to hold a public hearing on the following matter that falls within your jurisdiction: No documented enforcement against 1789 Capital.

The basis of this request is documented in publicly available evidence summarised here: No documented enforcement against 1789 Capital.

Full evidence trail with source citations: https://goblinhouse.net/wall/enforcement-gap-1789-capital

This matter has not, to my knowledge, been the subject of a formal committee inquiry. The cited evidence consists of public records …
Open this action →
Tip a journalist
Send this to ProPublica
Target: ProPublica Tip Line
▸ Preview the prefilled message 
Subject: Tip — No documented enforcement against 1789 Capital

Hi ProPublica team,

Tipping you to a documented accountability gap that aligns with your beat (Investigative journalism, financial crime, government accountability):

No documented enforcement against 1789 Capital

One-line summary: No documented enforcement against 1789 Capital

Full evidence trail with source citations and confidence labels: https://goblinhouse.net/wall/enforcement-gap-1789-capital

This is not original reporting — it's a structured map of public-record evidence (court filings, settlements, disclosures) compiled by Goblin House, an open investigative database. Sharing in ca…
Open this action →
Read how the Oversight Wall derives gaps and what it deliberately does not do — methodology. If you are the subject of this gap or believe the underlying evidence is wrong, please use our corrections process.