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Election Betting Site PredictIt Sues to Block CFTC-Ordered Shutdown

The CFTC’s August action calls for the site to be closed for U.S. users by February 15.

PredictIt allows traders to wager on the outcome of political events. (Jesse Hamilton/CoinDesk)
PredictIt allows traders to wager on the outcome of political events. (Jesse Hamilton/CoinDesk)