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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.

Updated May 11, 2023, 4:57 p.m. Published Sep 15, 2022, 1:27 p.m.
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)