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CFTC escalates prediction-market battle as states bring criminal charges

By Micah Abiodun

Commodity Futures Trading Commission (CFTC) Chair Michael Selig says the fight over prediction markets now puts company executives at risk of jail. In a November 13 CNBC interview at Cantor Convergence, he called the criminal charges brought by states “really egregious.” Selig argues that the platforms provide…

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