PolicyThe Blockabout 2 hours ago
CFTC Sues Utah Over Prediction Markets
2 min read
The CFTC sued Utah and Attorney General Derek Brown on Tuesday, marking the tenth state action against the agency. The regulator seeks to recover up to $60 million in profits from event contracts and argues states intrude on its exclusive jurisdiction over commodity derivatives.
Level
Hype check
Tap to vote and see what everyone thinks.
