Samuel Boivin | Nurphoto | Getty Images Polymarket removed a forum related to the rescue mission of U.S. military servicemembers amid political pressure, the latest sign of mounting scrutiny around prediction markets. Rep. Seth Moulton, D-Mass., decried the Polymarket page that allowed users to bet on which day the U.S. would confirm the rescue of…
The Commodity Futures Trading Commission headquarters in Washington, DC, US, on Friday, Dec. 23, 2022. Ting Shen | Bloomberg | Getty Images A federal commission on Thursday announced lawsuits against three states over its ability to exclusively regulate prediction markets. The Commodity Futures Trading Commission said it was taking Arizona, Connecticut and Illinois to court…
Representative Seth Moulton, a Democrat from Massachusetts and 2020 presidential candidate, meets with volunteers during a campaign stop in Manchester, New Hampshire, on Tuesday, April 23, 2019. Adam Glanzman | Bloomberg | Getty Images Rep. Seth Moulton, D-Mass.,, on Wednesday announced an office-wide policy barring his congressional staff from using prediction market platforms like Kalshi…
