The CFTC is suing popular betting site Intrade. And now Intrade is telling its customers to start shutting down their accounts. From Intrade (via TPM): ATTENTION U.S ...
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The site had become a cultural force, but federal regulators deemed it illegal The site had become a cultural force, but federal regulators deemed it illegal But on December 23, all bets are off for ...
If you've heard of Intrade, you probably know about the site's impressive record predicting the outcome of the last several U.S. presidential elections. Last November, traders at the online prediction ...
In a press release strangely devoid of any mention of anyone being victimized or defrauded, the U.S. Commodity Futures Trading Commission (CFTC) announces it is suing Intrade, the famous "prediction ...
WASHINGTON U.S. regulators on Monday sued Intrade, the online prediction market that gained popularity as an informal oddsmaker for the presidential election, saying it illegally let customers bet on ...