Court Sides With PredictIt: CFTC Actions Are 'Arbitrary and Capricious'
United States Fifth Circuit Court of Appeals finds CFTC's 2014 no-action letter constitutes a "license"WASHINGTON, DC / ACCESSWIRE / July 24, 2023 / A decision issued by the United States Court of Appeals for the Fifth Circuit is a striking victory for the popular prediction market platform, PredictIt (http://www.predictit.org/markets), as well as more than a dozen plaintiffs - including Aristotle, traders and academic data users - in a case...
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