Three States Face Separate CFTC Lawsuits That Could Redefine Prediction Markets

By Stephen Crystal The CFTC lawsuits against Arizona, Connecticut, and Illinois could redefine whether prediction markets are treated as federally regulated finance, state-regulated gambling, or an unstable mix of both. The Commodity Futures Trading Commission’s move against three states is not just another jurisdiction fight. It is one of the clearest signs yet that the … Continue reading Three States Face Separate CFTC Lawsuits That Could Redefine Prediction Markets