X @BSCN

⚖️LAWSUITS: TRUMP ADMINISTRATION DOJ & CFTC SUE SEVERAL STATES IN FAVOR OF PREDICTION MARKETSThe DOJ and CFTC has sued Illinois, Arizona, and Connecticut to defend prediction markets from state regulation, arguing they fall only under federal regulation, not stateIn the last year, a growing number of states have sued such platforms, arguing sports-themed prediction markets are not event contracts under the CFTC’s purview but unregulated sports betting by another name. ...