Prediction Markets weekly digest: Courts Weigh State Crackdown as Trading Hits $6.5B
Two courts, one regulator, one week — the jurisdictional battle over who controls these markets moved to the center. On Wednesday, CFTC Chairman Michael Selig sat before the House Agriculture Committee and explained that the agency has a “zero tolerance policy” toward fraud, manipulation, and insider trading across all prediction markets. Singapore Summit: Meet the…